Did you have to jump through so many hoops and provide this level of personal information?

You mentioned various places to put your money.What is your expected return along with level of difficulty for each venture?

I understand if you’re going in with a partner and you don’t trust them enough to use TICs and insurance, but as a solo investor why?

Yes, I have been involved with several "mold" properties that still had high mold levels after remediation.  

Again, this topic can be discussed AT LENGTH as well so let me know if you want to go further into it.My suggestion to every new investor is to trust your instinct. 

I am going to see if I can switch to a local Wisconsin insurance that reflects our local risk level in their premiums.Many of the homes in the Pacific Palisades are 3-5 million, but when you look on Google Street View, most are very modest homes from the 1960s (there are some $20m ultra luxury mansions too), so a lot is the land value, the home replacement value on a 1600sqft may be what - 500k at the most?

Zip codes are often too big and you'll be dealing with nuance at that level.

I'm not concerned about his being able to make the payments and trust him to do so. 

If you trust your friend as a tenant, renting at $2,000 now and increasing to $2,100 next year is reasonable.

It’s not just about the profit margin or the cap rate; it’s also about building trust in the community.