Your personal umbrella is the next safeguard.

But if you plan to do this in PA, you'll need to take various steps to safeguard your interests.

The combination of honest, professional and with the ability to manage projects is not common - particularly for budget sensitive projects.

Just looking for questions to ask and ways to safeguard the transaction.

Take something you are familiar with, incorporate the essentials and safeguards necessary to protect yourself and always have a rider to provide for issues that arise.  

You may have to work for free or at low cost to the small company, as they will be very sensitive to cash flow and costs.The development business is one of the most complicated businesses that I know of combined with risk in land markets, underwriting, financing, and construction.

Its the professional PM's job to enforce the lease, and the only armor a sensitive guy like me has when I do this is that my responsibility is to my client, not the train wreck of humanity happening in front of me.And like the author, the skeptic in me wonders how half of my "victims" manage to clothe themselves on a daily basis....new cars, phones, hairdo, and can't pay rent. 

Like all cities, San Diego is very sensitive about illegal construction and you'd easily be discovered as soon as you listed the property and someone compares the listing to the previous sale. 

@Josh Dillingham I use Digital Watchdog cameras and software.It is commercial grade and more expensive but you get what you pay for.My cameras have optical zoom that I can control from my computer or phone.It is extremely customizable.I can set the sensitivity to certain zones in the field of view and have system email a still shot of motion.

The good ones should be able to show a sensitivity analysis to demonstrate how much stress the deal can take and address those concerns.