(So there’s plenty left if you have to sell and pay off the loan while providing plenty of funds if the rehab goes over budget.Then you just figure out how much you want to make if anything.

I really appreciate this info, I am familiar with the process but do you know how I can sell to those companies who buy the house?

@Nicholas Owens No, but my insurance company requires it be replaced immediately.

Any recommendations of a broker or company that will insure these properties? 

We are hiring some contractors (roofing company, mason) that will cost more that $600 for repairs.

Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying the company.

Context: I'm entirely invested in low cost, diversified stock index funds, and I expect them to earn a~8% CAGR on a nominal basis.

Being in the company of those who are taking action can provide valuable insights and motivation to propel me forward in my real estate journey.Thanks again for your input it's helpful to hear from someone with firsthand experience in the industry.

We are a small vacation rental company that manages short-term rentals for homeowners in Los Angeles.

@Becky Wong KaplanGet your attorney and insurance company y involvedThe renter should have renters insurance to cover this as well.