Way too much risk. 

The practical path is to take progressively less risk as your portfolio grows.

Title companies perform detailed title searches, revealing all recorded liens and their positions, ensuring you have a clear understanding of any potential encumbrances.

In contrast, a traditional TN LLC may face challenges due to limited charging order protection, potentially making it less secure against creditor actions.To address these concerns, some investors use a two-tier structure where a TN LLC—holding the property—is owned by a Wyoming holding LLC, benefiting from stronger asset protection laws.

Your insights into the importance of a knowledgeable capital partner and the potential of these projects are valuable.

@David Kendall Jr, for deals that I am managing myself, I want a minimum $50k profit potential, and shoot for about a 15-20% profit margin, whichever is greater.At the end of the day, percentages alone don't work for me, because my time has a value to it. 

Builder's Risk and General Liability should be a great starting point.

These and 1000 other questions or concerns or issues that to me are potentially of vital importance to your purchase, your investment, your resale and exit strategy for the future.Real Estate is a team sport. 

@Shannon Kiefhaber this is a low risk deal that is secured by a long term lease.

Accept that this asset class, as any, involves risk and do what we can to mitigate those risks through what we can control.