If you choose not to rebuild/replace your settlement would usually be for actual cash value.It's unlikely you can get a settlement for above the coverage amount you paid for.

Also if you need to go to court, usually its small claims and you don't need to hire a lawyer.7) Figuring out how to accept rental payments - most Class A tenants won't want to mail you a check.

That's usually how it goes with lenders that struggle with spelling. 

Off market commercial properties are usually shared through relationships or brokers.

I also want to say that if you see this as a true passive investment, you'll be in for a surprise because it's anything but....usually.

Rates will usually be in the Prime + 3-4% range if you are trying to max out how much of a line you can get.  

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

You could try to value it with the income approach, with NOI & DSCR, but that usually isn't done with smaller multifamily.You're going to have to extrapolate out farther and see where other smaller multifamilies have traded.

This site plan would give you an idea of the needed development cost, which is usually what sinks development deals

., and usually 8am-12/1pm daily.