One reason is my age of 61, about 30 years in construction management, about 30 years I had real estate broker license in Texas, and I got a college graduation degree in Business (that emphasized real estate) , and being born and raised in Dallas, Texas.I'm completely un-knowledgable and where to be in Minnesota and is beyond my knowledge.   

I think this tends to emphasize the point that there does not appear to be much case law on series LLCs at this time.

This emphasizes the importance of diversifying.

Kaplan emphasized that the tax would not target Oakland’s “mom and pop” landlords — just 5 percent of the city’s landlords make more than $200,000 a year.

I will continue to use this provision in leases, but intend to tighten up language to emphasize that all repairs must be identified timely and must be authorized by landlord/PM.

I also graduated from college with honors in business that emphasized real estate. 

My college degree was in business and emphasized real estate. 

In 1980 I graduated college with honors with a business degree that emphasized real estate.The first thing I would say about your questions is to not depend on any book on construction costs. 

Have your realtor send a very stern, but polite, letter to the other agent emphasizing this and you should be ok.

I'll make sure my realtor emphasizes my ability to close quickly, though.