I’ve heard from countless people over the years who made their construction financing decisions strictly based on the term sheet terms and have had miserable experiences.

@Andrew LaxThis will be very state specific for example Georgia is very strict on licensing and seller financing as is Ohio.

Build routines (no different than dieting, working out, etc.)5.

And then 1M umbrella policy for $600 a year.Then he says the umbrella is strictly for my company and he can get me one personally..Am I really going to have to get 3 policies?

There are strict rules and regulations in Shaker Hts. and a lot of the other cities and suburbs.

They might make you open some things up and it will likely cost you (really depends on how strict your municipality is, I would ask someone there for a better idea.)

I love section 8 because it guarantees a certain % of rent, the tenants really value that housing voucher and won't do things to risk losing it, and section 8 has strict criteria for condition of the unit which adds a layer of accountability on my property manager. 

No matter how long a guest stays compared to policy there will be an explanation or excuse or expectation that you will look the other way.Hopefully people understand that with you living next door there will be more enforcement of the rules, but you need to figure out what you can tolerate becuase they are going to push you to the edge and trying to be ultra strict may backfire. 

I am just trying to navigate when am I being too lenient, to a point of being taken advantage of and when I am being too strict to a point of running a tenant off.  

I had a roommate like this for my first house hack and she was great at first, but I didn't stay strict on certain rules and things got stretched out more than they should have haha.