This is a good investment in my opinion.Feel free to reach out if you have any further questions or need additional clarification!

In addition, while the umbrella did not end up having to pay out, having it meant I did not stress about it at all.  

Either way it would be a grey area, selling a house with a different amount of units/bedroom/bathroom seems extreme though. its an auction site, I have seen auction sites miss the fact there was additional lots in a sale.

Unless you're in a Class A Neighborhood like Palmer Woods, Indian Village, Sherwood, etc,. the additional rent probably won't support the cost to build:(More profitable to take the build funds and buy another property.DM us if you'd like to discuss more...

In addition, condos tend to not appreciate as fast in value compared to single-family or multi-family homes. 

In addition, yes there are property managers but very few want to manage my B or C class property for an extended period of time in the fashion I would if I was managing it or that a really good sponsor would.

Your primary strategy should be to have the Contractor and all Subcontractors add you to their insurance policy as Additional Insured. 

In addition to PH I believe he also checks chlorine level, salt level and total dissolved solids. 

Additionally there is always a healthy nouveau rich following that attempts to mirror their predecessors achievements.

I rented out the additional bedrooms to friends and family, charging them well below market, and sold when it was time for my wife and I to start our own adventures.