We are able to get great incentives and the ability to own an investment property that take a very light maintenance budget for the first few years is a huge plus.  

It’s now estimated that Texas has 31.29 million residents, up from the 2020 count of 29.15 million.But Texas also ranked as the top state in the nation for domestic migration and natural increases over the past year.

I've consistently written about the forces of nature and her current and future effects on the real estate market (even while often being ridiculed and politicized on this very site for it) regardless: I personally moved and invested in coastal Oregon in 2018 from Venice Beach Los Angeles partly as a result of the trajectory of climate and have assisted several clients that specifically purchased on the Oregon Coast for their own 'climate havens,' investment and future retirement homes. 

But given that it expressly includes a specific performance provision I would not be ignoring it… and neither would a judge or mediator.Real estate is unique by nature.

What type of lights do you have that are $250 more than usual (was this over the course of a month)... 

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property? 

Meaning if one partner initially contributes 60% & the other contributes 40% then that would naturally give you a 60/40 split2.

One can do lending of a commerical nature in about 32 states legally the others you need to be an MLO and NMLS registered.

You will then naturally refine your approach as you get feedback from results.

If your manager is just 'keeping an eye' on things, collecting/reminding on a few rents here and there and some light cleanup while being compensated in free or reduced space rent then classifying them as 1099 subcontractor is great.