He can even come look at it after it's built and if it's not done correctly, will have more "power" to get the contractor to redo the work. 

@Gina Rocillo the first thing you need to do is find out which number is correct and what the source is. 

If I am understanding RTLO correctly and your response - as long as the security deposit is sitting in a separate subaccount (eg separate checking or savings account) in a personal bank account, it's not considered to be intermingled with personal finances.

This is the REI thunderdome, you come here to learn and there's going to be some wrongdoing that needs to be corrected. 

You have an economic interest in seeing that the property is correctly insured. 

Dear Mod, Please correct the spelling of the topic!

It will need to be corrected at some point.

I feel like my math is not correct or I'm missing something otherwise, can someone explain why even thought the note has a yield of 9.5% is performing slightly better than a 6% stock market return?

This is what I would tell them.If the offending tenant was warned by police or cited by them as verified by a police report then I talk to them about it and follow up with a written lease violation warning aka notice to correct.

She is paying the rent I assume.. but the other poster was correct, try to remove emotion.