I’m excited to finally jump in here after lurking for a bit and soaking up the value this community shares.By day, I’m an insurance advisor helping real estate investors, flippers, landlords, and contractors make sure their properties and businesses are properly protected without overpaying.

Well, if you buy & renovate a property in Class D area to Class A standards, what Tenant Class will actually rent it?

The biggest piece is making sure your zoning and local regulations allow that kind of use because some areas classify adult care homes differently than standard rentals.

Once you standardize those, everything else becomes passive oversight. 

Insurance companies are weird.  

If your coverage falls below that threshold, the insurance company may only pay a portion of the claim, even for partial losses.

I didn’t get insurance right away.

Deposit or renter insurance requirements comparison.  

The insurance defense counsel recommended to the insurance carrier to issue me $180,000 and deed the property back to the original owner.

You also want to avoid fighting with your insurance company because they'll want to deny claim due to no utlities being on.WATER: biggest challenge.