From a lender's perspective there is a risk of mechanic's liens being filed up to 4.5 months (in Texas) after they have been on site. 

In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story Pins Mechanical venue.

An agent would need to review your policy, but in general,Tenants belongings and vehicle would need to be covered with Renters Insurance and Auto insurance.  

An average client is not a certified plumber, electrician, or mechanic.

Did the lease auto-renewal for another year because tenant didn't give proper notice?

HVAC, roofing, foundation, plumbing, electrical are all mechanical items which would sway a deal. 

But you are a California resident... you will have to file Form 568 in California and pay their LLC fee.Oh, and LLCs are lousy asset protection mechanisms.

what kind of shape are the big and medium-ticket items in - roof, mechanicals, appliances? 

My house I bought in September had a nice basement entrance and large long living room that shared a wall with the mechanical room.

We are self performing the entire build with exception of mechanical sub contractors