So I would keep that in mind as you develop some kind of incentive program. 100% occupancy sounds spectacular but not if all the tenants are bums who are destroying your property.

This gives me more ROI via destroying the interest curve, gives more clout with funding partners for future funding or if I ever would have to discuss any whatever.... 

If he does not make it good then at that point you have to figure out if you are going to simply use the 150 thousand loss as a hard lesson learned or whether you will permanently Destroy all future possibilities of Goodwill between you and your brother in law.

If that 12 feet goes through your living space, you are going to destroy all the flooring, cut the concrete and end up with a huge mess to clean up.

The PM cost can be much less than placing a terrible tenant that doesn't pay rent and destroys your investment. 

Since you don't own the property you cannot make any major repairs or improvements to the property without the owner's consent because if you make repairs and don't pay the contractor(s) then the contractors will file a Mechanics Lien against the property and the owner will be liable to pay the contractors.If you do repairs to the property and you don't own the property the owner can sue you for destroying the property.Should the seller decide he (or she) no longer wants to sell the property because he either wants to keep it, or he can sell it for cash on the market then he will sue you in court for whatever his attorney can come up with and you can get sued just because the contract the seller wrote has some b.s. that makes in not valid.It doesn't matter whether you are right or wrong when  you get sued because when you receive a Sheriff serves you with a lawsuit you now have to make some serious and hard decisions in regards to whether or not you want to pay an attorney $50,000 to $100,000 to settle the lawsuit that often takes up to 5 years to settle in court.How do I know all this?

This implies a tenant can destroy the unit, not pay you rent, bring in as many guests as they desire, have as many pets as they desire and you cannot evict them (assuming it does not cross the line of health and safety). 

If you were my tenant and you truly destroyed quart counter such that it could not be properly repaired, I would be charging for a new quartz counter of similar quality.  

How do you build less than 50k square feet and not get destroyed by the half mil in public improvements you have to do?

Why was is so difficult for at least one doctor to tell me to stop exercising for a few days  because after I stopped exercising almost 100% of my pain is gone and I am only taking on of the 7 different medications I was prescribed and those medications may have already destroyed my organs.I wrote this for sympathy (not really).