.: Thanks for the replies I totally understand you can not eliminate risk 100%I was just wondering if there was a safer way to handle this. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I suggest interviewing teams of realtors, contractors, lenders, and property managers in each market.

I'm working on obtaining a construction loan and I was wondering if anyone knew if these were relatively decent loan terms

I'm wondering about servicing these after completion on a longer term basis following a DSCR guideline as they will be rented, and then selling them in a secondary market.

Hey Emmanuel, I wonder what areas you are looking at the moment.

I wouldn't knock down anything, it was suggested that I remodeled the two that I have.

I might suggest going directly to one of these guys. 

I don't see how they could, since things happen... but again, granted there is no guarantee, these companies are claiming such high averages and they have such huge portfolios and good reputations, so it makes me wonder.

The heat renovation will be a large cap ex that will pay off wonderfully in the long-term.