The house currently has propane, and the tank is at 50%.

No replacement is necessary, I only need to get it finished.Summary:The hallway (200ft) needs to have walls put up, right now all wiring and pipes are exposed. 1 floor is a construction site (3.300 sqft) with a ceiling height of 130ft (very high).

The other house was just changed to electric baseboard , its 800 sq ft . the house was heated by propane , Januarys bill (it was cold) was $ 240.00 all in .

NPNs carry a much higher risk of having confrontational issues with the borrower or situations where the borrower end up in some legal matter that exposes your asset to examination, like bankruptcy.

Brick and stone facade which could be sand blasted and left exposed as well.Thanks for your opinions!

I feel a little exposed with the current set up, so I have been thinking of moving them to separate Land Trust for each property and having a LLC as the beneficiary.What are the benefits and drawbacks of doing this?

These people need to be exposed for what they are

A violation of the Consumer Protection Statute c.93A, for committing an unfair or deceptive act against a tenant exposes you to up to treble damages, costs and payment of the tenant’s attorney’s fees."

Your best advice I believe and I would agree is to always consult an attorney when you are assessing your risk.You almost sound like an insurance agent, LOLThe only part I agree with that you mentioned is to see your attorney and that values may be different in different jurisdictions.I'd say the only ones on this site that can evaluate similar cases would be attorneys, certainly no layperson can make such an evaluation.When I had my insurance brokerage I also did finance work and estate planning with an attorney (who later became a judge) I did valuations for him for loss of work, loss of an eye, arm, leg which are pretty well statistically set, not wild determinations.As I said, costs of defense are insured, the attorney gets paid.If you are exposed to 50M in losses, insure for 60M.If you are under insured, you have a loss and your assets, like you said could be liquidated, but not all your assets, some assets are protected in BK.

I have been exposed to real estate deals for many years but have never been in a position to invest the time and effort.