Quote from @Aaron Letzeiser: Quote from @Sahand Vafadary: Quote from @Aaron Letzeiser: REVISED CODE@Aaron LetzeiserI was hoping to work with Obie, but on the last page before signing the documents, I came across this disclaimer, which made me rethink my decision. 

Also consider all lenders will require to review your insurance when underwriting a loan and it's likely a violation of your existing loan documents to let the properties go uninsured even if they didn't require insurance escrows. 

Foremost, Proper are 2 big ones.Don't skimp and get the place insured properly.

To address this I took detailed pictures from beginning to end of my most recent flip, documenting that we did a thorough job using quality materials.   

Does anyone else do it like this and who do you use for liability insurance?

The properties in OK, which are roughly 30-40% smaller than my personal residence are only about $400-$600 cheaper than my FL insurance.

Quote from @Franklin Marquette: For those of you that require your tenants to have renter's insurance, how much liability insurance do you require of the tenant?

Regarding insurance adding additional umbrella insurance is great idea. 

It's not an insurance company/carrier. 

I imagined that to mean that a 1920 home with no renovations would cost more to insure than one updated to 2024 specifications.Is this something that is just "known" to flippers/renovators and I am just coming across it?