However, always protect yourself with sufficient insurance coverage and good contracts if you're operating as a general partnership/joint venture.

The contract says the seller pays for the title insurance.3) Please let me know if you think I am overlooking anything else important here...Thanks!

Your insurance that you carry with an umbrella would be good enough.  

my broker rep said he would even have to look at the E&O insurance in terms of wholesaling.

Two things I notice on insurance. 1.

Best bet is VA loan f you have that, fha or 5 percent conventional.You’ll need the downpayment plus 4-5k in closing costs depending on taxes and insurance

For one agreed upon price, the builder will buy the land, prepare the land, build the house, insure the project themselves, and then once finished, turn the house over to me once I've paid off the balance.The question for anyone out there with some experience doing this in MN, which builders offer the best value and are the most reliable?

Do I need to change my insurance policy?

@Jestin Sorenson Make sure to review all the rents and deferred maintenance costs, all the utilities, insurance...everything-if you plan to take a portion of equity-all the numbers need to be evaluated.

Is it worth to claim to insurance co to replace the new roof then we get the record claim and the rest of our insurances will go up next year or patch them will be enough ?.