High involvement business, heavy personal supervision to make it a success6. 40-45%  ROI achievable annually in small, private pay facilities7.

My plans (if it's for me to decide or at least suggest) include as one of many cost-control measures, approaching local architecture schools to see how/if a graduating student could with sponsorship/supervision of a licensed architect do the plans.Can this be done also with engineering services?

Clearly you need to avoid meth labs but generally speaking, a rental agreement and driver's licence/photo id gives adequate protection.Remedies for late or non payment--> This is one of the BEST thinks about storage. 

If the bank has it for $1.5 million, I don't see how they could unload it for just $400K, meth lab or not.Oh, and you should probably get some other opinions on how much it will cost to fix it.

If you can not justify the needed supervision start looking for a general contractor or a project manager that is experienced and you trust. 

Both are supervised by in office attorney's.

To do this, we could (and would) lie and edit the contract without lawyers' supervision or permission.

The current requirements include working under the supervision of a licensed contractor for at least one year before applying for your own residential builders license. 

Most of the horror stories are from owners who rent entire places, because there is no supervision and if left to their own devices, people will do what they can get away with.Even if I'm going out of town, I don't let my guests know.

I may be staying very late in the lab, so probably not good to commute an hour away.