-Why not include a contingency line item in your construction loan rather than raise the contingency funds from your equity partners?

I have expierence in new construction, that's not a problem.Here is elaboration on the last 2 items:2.

Some people are sending supplies (clothes, other needed items like school supplies, food for humans and pets, etc). 

The itemized damage estimate that my insurance provided me lists an Actual Cash Value that is 15% higher than my Dwelling A Coverage. 

For example, if she can't visit the property, is she good at record keeping (so everything is organized at tax time) or finding vendors, comparing product prices, finding free or low cost items on Facebook marketplace to improve the rental)3. emergency fund.

You seem to already have US based accounts, so you are good there too.The last item here is the definition of "good".  

I think you will definitely want to talk to your lawyer because there may be items linked to this transaction you are not considering. 

A PMC is great to use not only for all these items but also really being a trusted source for vendors too etc. 

Have the tenants take and send pictures of any maintenance items and video chat with the repair person as needed.If you ever get in a situation where you just feel like you can't do it or don't want to do it, you can always put a PM in place at any time. 

Given the scope of your work, a simple plumbing leak would not concern me, it's a $200 issue at the most and ideally, it's just another line item when you do rough in plumbing for the kitchen.Being in a Milwaukee suburb, I am guessing it's a 1960s ranch, probably with galvanized plumbing.