I'm trying to determine all this , I didn't mention it in my origional post, but i'm buying a property to use as a rental (got it super cheap) and it needs a complete remodel, structure is great, but everything has been stripped out, and all the walls taken down to the studs.

I had a structural engineer look at the building and bless it off(140 year old building, so he said needs to be monitored).

Obviously the numbers are exceptional...but I am talking about the structure of the deal in general.

Each person has to decide the risk/reward of how they want to structure their investments.

How are the deals structured?

I sure as hell don't write poems, look at the periodic table and calculate the molecular structure of anything, know every little fact and date about every little war, or use trig on a normal basis.

I guess one of the major questions to be answered is how a typical private lender might structure a deal?

He started land-based feudalism around 700 AD which is the basic structure of REI we use today.

Call your insurance agent and ask him what he would recommend as a ballpark coverage for the structure.

The two major differences are that while you may have the same coverage on your structure, you typically have much less coverage on your contents and sometimes this coverage is limited to appliances or a specific list of items.