Most ppl who buy these products are educated upper middle class or higher so they are either much more sophisticated (or should be) or have access to folks like RIA's CPA's CFP's etc because they get it!

Keep in mind that these policies are drafted by sophisticated attorneys and drafters and typically have precise language and exclusions.

'Investors' can be new, all the way up to sophisticated or 'seasoned'.  

I don't own properties there, but from what I understand: lower price to entry, higher cap rates, less sophisticated investor ecosystem (this could be good or bad).

b.) is technically sophisticated, customizable, and flexible,The great thing about spreadsheets is that they are completely customizable and flexible, so that is why many investors recommend spreadsheets to handle the estimating process. 

When you say the people buying are sophisticated investors and they are intentionally buying in C areas and are happy with those returns, are you referring to the net worth of those people (qualified investors under federal law due to income) or are you saying they are knowledgeable about real estate investing?

- If it's a sophisticated lender, then yes, they would provide you with monthly statements.