Maintenance, insurance, damageThe Collateral must be properly maintained by the Mortgagor and the associated buildings must be insured at its expense with a solid company against reconstruction value and kept insured against all damage as a result of fire, lightning and explosion and furthermore against all other damage that Mortgage Holder would wish.

I look at attorneys like I look at heart surgeons: I’m not looking for the one with the lowest rate.

Knee surgeons will be in high demand for all of us will live in 4 story homes. 

I am only covering the general coverage’s that should be fairly uniform on every rental dwelling policy)The Rental Dwelling Policy (or Landlord’s Policy) includes the following coverage’s: 1.Dwelling Coverage - To pay for covered repairs or reconstruction of the dwelling.

Years ago a surgeon asked me about partnering on some real estate.

It’s experience with breaking stuff you’re after...not a rocket surgeon

The property had sat on LoopNet for some time, with little information, and apparently few people bothered to dig in and reconstruct a proforma (for which you usually would want a T12 and rent roll) from scratch. 

Yes, but some major reconstruction of the roads would need to be done.You would have to generate some serious rent to make up for the cost of those taxes.  

I have done many total reconstructions on trailers .

You're basically going to be doing work that is paid on par of a high-level executive in a mid-sized company or a medical specialist like an open-heart surgeon.