@Carlos Ptriawan population declines impact rural areas quickly and often are irreversible. 

GL for injuries?

GL for injuries?

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Lawsuit from tenants for personal injury!

No one wants their animal to risk injury when out of a stall, but I feel like the dressage/hunter/jumper crowd likes turnout footing more similar to their arena footing whereas the stock horse folks are bit more comfortable with more natural footing in the turnouts.

You are responsible for overseeing construction and are liable for any injuries or sub-par workmanship, code issues, etc.

While it is difficult and time-consuming to get approved, the main issue is that the interest rate will run well into double digits and, to add insult to injury, you get taxed on the interest you're paying and you're forced to take a life insurance.

Insurance is generally the best way to recover in the event of a loss, but most contractors carry insurance that only covers property damage or bodily injury liability meaning even if you are successful and obtain a judgment, you are reliant on the GC to make good on a payment. 

I also fear the possibility of injury (why insurance is important).