The lender seems to believe that the only rent by the room strategy that exists is renting rooms to college students and his quote to me was "more people, more leases, more problems".What do I know?? 

- Any suggestions for backup strategies, like selling undeveloped land or leasing, if the market or project plan changes?

Use a good lease Have proper insuranceAdd an $1million umbrella policyAnyone can sue for anything, but winning is another issue.

For example, their rent is $2000, they pay me $1000, I then apply the $1000 to the renovation project, which they estimate to be around $8,000.How should I write up the lease agreement as far as collecting the rents?

I am striving to purchase rental/lease properties within a 1 hour drive.

I have a client with 500 acres that would sell or lease the land. 4.

That said I would start negotiations billing back the full amount of the job to the tenant per their lease agreement and responsibility for the install.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

I have talked to OOS investors that lost big doing single family turnkey rentals in recent years because the "great tenant" that came with the house moved out mid lease and did $30k of damage on exit.What I believe you are really going after is: don't be dumb money.  

Setting MTR leases to end in May or early June gives you time to prep for the summer season.