I highly recommend finding a broker and have them find a policy that meets your specific requirements.

He told me he owned a few mobile home parks in town (they were large and had high lot fees) and this is what sparked my curiosity.

Avoid surfaces that can stain or feel cheap like low end LVP.

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

Is my thinking correct that homes in highly appreciated areas won't benefit as much from Cost Seg. 

The loan will be interest only for about 12 months (up to 18-24, but 12 is common) with a balloon due at the end.

I get FinTech is a high-risk activity, but imagine the industry will consolidate to one or a few strong players.

I highly recommend working with him, but only if you're willing to put in the effort to build a business and though leadership brand!

The GC does a lot of the odds and ends work of tying the place together.

I would be very concerned about someone holding the 50k deposit for finish work at the end..