Good PM's have to defend themselves on the daily because goof ball owners have no clue of what they are doing, look at the lowest price, and pick terrible PM's. 

Two of these cases are worth watcching closely.The first is case 23-CA-005823 KIYOS CONCRETE INC Plaintiff vs BLACKTIP CONSTRUCTION GROUP INC et al Defendant.  

And though I would like to believe that a jury would not find a property owner guilty for a guest chasing after a wild animal and getting bit, there is still the time and out of pocket expense of getting an attorney to defend such a nonsense case. 

Once the judge found for the plantiff it became a judgement and ATTACHED to that person as well as ALL assets that defendant owned including all real estate. 

I've had to hire Real Estate brokers and Professional Engineers (PEs) as "expert witnesses" for defending various false claims.Regarding #3, the smaller your project, the less likely you'll see high impact study costs.

So it is going to be up to what you and your CPA are comfortable defending if ever questioned.

Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...

We have an initiative here that provides free attorneys to tenants to defend evictions.

Regular evictions with tenants defended by free legal services even when they never showed up to hearings or provided any response to court filings explaining why they could not pay rent. 

I would probably start monthly or bi-weekly "safety inspections" to A) document any lack of evidence of risks/issues to the tenant's safety to be prepared to legally defend yourself in the future, and B) to monitor for new/worsening damage to the unit.