@Kelvin Sutton you will want a Builders Risk policy or a Vacant Building policy that allows you to do renovations (Some Vacant Building policies don't allow renovations).Once the reno is done, and the property is occupied, you need to switch to a Rental Dwelling if you are renting it out, or a Homeowners policy if it will be your primary residence.

Fall is the perfect time to do it before people start building their cozy winter fires.The Benefits of Having a Property ManagerFall brings with it a long list of maintenance tasks – when you own your property as an additional property stream, it can seem daunting to tackle these on top of your regular job and own home maintenance tasks.

Public companies such as telephone, gas or electric companies, for many years have structured different enterprises under a capstone company called a Service Corporation, with the intent of diverting income into expenses charged back to those downstream entities, but to do something like that for a $24k cash stream is beyond goofy because it would have to be exchange traded and subject to SEC rules and regs for additional filings....

ALL the emergency guys were out hunting so we had a couple of hours delay & nothing would flush so we had to pop the cleanup at ground level & it streamed out.

As they love the idea of funding a duplex that is generating two revenue streams, one from each unit.

Sheds are not built to code of dwelling units.

Also, once the property is rehabbed I will rent it out, so at that point I would switch back to having landlord insurance through one of the main stream insurance companies.Thanks!

Before I start, I will tell you the conclusion: When a market correction happens, there is no way to protect the market value of your property but you can do a lot to safeguard the income stream.

Auxiliary Dwelling Units (AUDs) have been talked about and are allegedly a priority for Lightfoot.

Also companies like Dwell will put a prefab one in your backyard and has attractive financing options.