The lender's title insurance company plans to include the CC&R as "exceptions" to the title, does it mean they'll not cover the loss due to any dispute?

@Chris Armstrong well I’m knew to this and I was thinking about getting a HELOC for my current rental property... the current note minus insurance and taxes is $1300 but the loan balance is 242k.

The good thing is that the 2 original houses have equity and the third house would have equity too.House 1 93k owed Arv: 125k950/mo rentTax$2,700/moInsurance $1,200/yearHouse 2145k owed Arv: 205k Rent $1,600/mo Taxes: $4,500/year Insurance: $1,200/year House 3 200k Arv: 275k No rental income Taxes 7,000/year Insurance $1500/year So the total costs would be about 438k.

The home is located in SC and chimney sweep/repairman are only required to have insurance and a business license.  

If the repairs are more than 10k, they will be discounted from the offer price.Operating Data: Numbers I'm using to come to Cash Flow and NOI, Seller provided utility expenses and Insurance costs.Note: the CapEx numbers are estimated from a spreadsheet on things that will need to be replaced in the next 5 years, I plan to sell in that time frame to reduce large CapEx expenses.

Survey is not a must as long as you have title insurance..

I had insurance policy that covered the loss of rent and the HOA cut us a check to renovate it ourselves.

My monthly sewage, water, garbage removal, insurance, and pest control is around $450/month Once the third unit is rented, my numbers will be even better!

Here is the insurance claim info that will be covering the repairs.

Can you provide your business license, tax id number, insurance certificate and driver’s license?