The tenant should also be responsible for paying property taxes, especially if the land is now vacant and the valuation will increase significantly once they erect the billboard if an income approach is used, thus raising tax liability considerably.(4) You want to make sure the tenant is required to remove the billboard and repair the premises to the condition it was in when you leased it at the expiration of their lease.

I attended a Rose Bowl party where such a structure was erected to shelter 1,000+ people.

I'm not an architect of erecting a building, but mentally; I take an idea and work it to my reality.

I think our neighborhood (vermont harbor) will start getting hot in 2018 when they break ground on the George Lucas Museum and the Honda Dealership is erected.

It's about PEOPLE and STRUCTURES erected on LAND.

Although the loan documents definitely do not require earthquake insurance, the note holder is using a vague "weasel clause" that says "Borrower shall keep the improvements now existing or hereafter erected on the Property insured by carriers at all times satisfactory to Lender against loss by fire, hazards included within the term "extended coverage", rent loss and such other hazards, casualties, liabilities and contingencies as Lender shall require and in such amounts and for such periods as Lender shall require."

I rent to the contractors you see working on those large erections of steel at a refinery. 

The people you see working on the large erections of steel at a petrochemical refinery and nitrogen fertilizer plant.I personally don't put an Xbox or anything else like that in mine, but all my HDTVs are Smart or they have a Roku or a streaming BluRay with adult movies. 

Talk with the local building and assessor's departments.Second question is whether the septic system (if there is one) is sized for 4 beds.Third question is whether the seller erected a bunch of walls to create the extra beds. 

The next door neighbor has subdivided his house for rental, erected 2 rental units in the back yard and put in additional parking on his property.