That can literally be like 50 bucks - and that is not up to youInvesting in section 8 usually means C-D class areas - Higher risk, higher turnover, higher chance of evictions, higher chance of property damage, behind on rent etc.Instead of buying a 20 unit, maybe considering scaling down and investing in a solid area. 

@Barry Ratliff, your question touches on two important aspects of tornado damage and HOA management.

The best thing to do would be to consult an attorney, but likely, that is not an option for everyone starting out.I'm not an attorney, and this is not legal advice, but some of the information that we include in our contracts is:- A clear scope of work - Payment schedule / Milestones- Change order approval process- Allowances for finished materials- Reasons to terminate the contract- Expectations for start date (X amount of time after final plans /permits are received or X amount of time after the contract is executed)- General schedule and timeline (This is where you could specify an end date - however it may be better use incentives rather than liquidated damage if your general contractor is late - we've done both, but found General Contractors respond better to getting something if they get done early instead of being punished for being late. 

Once I hire a GC and they start their work, I need a Builder’s Risk policy with a “Theft & Mischievous Damage” rider or a “Special Form” policy.

Usual and customary usually refers to outdated but working components, such as old ducts in a house that do not support central air well for lack of returns.

.: She is trying to hold you hostage, hoping you will let her go without penalty.I would give her a written notice that she is responsible for rent until a new tenant takes over or her lease ends, and she must maintain the home and prevent any damage.

Quote from @Pete Galyon Galyon Galyon: PREVIOUS AIR BNB PROPERTY   <--------- link to previous Air BnB we flippedSome say that numbers are down for Air BNB and I'm here to tell you it is all in how you look at ( and structure it ). 

If they put large nails or screws in the wall, then it's considered damage and I charge for it.

There isn't a need to message through AirBNB at any point. well I dont see where they post their website on air bnb  and I dont have instra gram or know how that works. so to me they are quite anonymous..

You don't have to worry about damage to the equipment or it being stolen.But if you do decide to buy the equipment, there is a good chance that it will be eligible for bonus depreciation and potentially 179 expense depending on your net income.