Minor repairs and i will do a rent to own,probably get $3000 down payment,hopefully they will be able to buy in a year,or if they do not buy it i can rent it till the market turns around.There is a decent monthly cash flow.We have very few repairs on single families because we tell our tenants they are expected to take care of lawn,snow shoveling etc and we screen them to make sure they will do these repairs.We do not accept welfare or section 8 in these houses since they will not be able to purchase and they generally do not want to do the repairs and they generally have an attitude that they should not have to do repairs
I am buying a house sub2 and want to know what to do about insurance.I do not want to put the property in a trust,it is going in my company name.I am thinking about adding my company to their current policy as additional insured.I am experienced just have not taken a house sub2 in about 10 years but i am getting lots of people willing to let me take them right now Any ideas?