This is standard in the industry.If you are your own GC, then insert yourself in the GC requirements.If you can not get the subs to provide this, then I always require my title company collect the Certificates prior to releasing draw checks when I use construction loans

(bought it for 36k)I believe you need to be a card member to get the loan and yes good credit is needed along with some income verification, but thats pretty standard with any loan worth doing.

But it is relatively safe at any hour by Miami standards.

He really has to tighten up his standards or this type of stuff will happen over and over again.

/lot (22.52.100, 22.52.250)Maximum Height Limit:35 feet from existing or excavated grade (22.20.110) (unless modified by a special standards district such as a community standards district.)Minimum Required Parking:2 covered parking spaces per single family residence (22.52.1180)Standard Yard Requirements:Front Yard: 20 feet (22.20.120), except as provided in special Standards DistrictRear Yard: 15 feet or 20% of average depth of shallow lot, but not less than 10 feet (22.20.120 and 22.48.110)Side Yards: Interior Lot: 5 feet or 10% of average width of narrow lot, but not less than 3 feet (22.20.120 and 22.48.100)Corner Lot: 5 feet except on reversed corner lot, which is 10 feet (22.20.120)Development Standards:(See 22.20.105 regarding development standards for single-family residences)

I found it to be refreshing from just the standard high gloss, high end construction photos.The question is: Is it effective?

Most of the investors I know own their properties in their personal name and have an umbrella policy to pay for damages above and beyond their standard policies.

Granted its been almost 5years but when we were looking at windows white, brown, tan were 'standard' and a single price and having other colors (every window mfg had different choices) was additional.

They are underwritten to the same standards as a conventional home, you have leeway to underwrite to secondary guidelines including compensating factors to determine affordability, likelihood of performance, collateral being sufficient for any future loan required.

You'll need other qualifying standards to say it's a private listing.My question; why limit your group to wholesalers?