The fact is that anyone who takes, leads, or carries away the property of another with the intent to convert it to their own use or deprive the owner of it is committing a crime. 

If they leave is the market really good or how many months will you need to carry the other rental unit's costs? 

If a borrower needs $200K+, you may need to partner with other lenders or take a second lien position, which carries more risk. 3.

It's why Red Lobster carries chicken on the menu.

Managing properties remotely can be stressful, and the right property management team should never leave you feeling in the dark.When interviewing potential PMs, don’t just ask about the services they offer—dig deeper into how they actually carry out key tasks.

I am definitely open to seller financing, I just wanted to have a back up plan if we decide on this route and we cannot find a seller willing to carry  

These should be reflected in the purchase price or negotiated as part of the terms, such as the seller carrying some of the renovation burden.Use seller financing to your advantage by proposing a price closer to $225,000-$250,000 with terms such as 20% down, a low interest rate (4-5%), or interest-only payments for 3-5 years, with a balloon payment once renovations are complete and cash flow stabilizes.If the seller is firm on price, consider negotiating higher down payment terms to reduce the financed amount, paired with interest-only terms or a price reduction tied to renovation milestones.Key questions to address include the condition of the septic system, which can be a significant expense if it fails.

If you let the builder carry the construction and holding costs, the GC can get the construction financing. 

@Heather Bailey while I live in my duplex, I have a standard Hazard insurance policy and I also carry an additional 500k umbrella policy (optional); both policies cover the entire building, but there's no separating it. 

But having those rules on paper was like carrying a big stick—great to wield when needed but mostly a deterrent.