If you are self GC for the project you will also need Liability for that exposure. 

TODAY VERY FEW vape juices use flavorings that contain diacetyl in any event.That is why they call it popcorn lung, it was found with workers at a popcorn factory that had exposure to high concentrations of diacetyl.

There are things that they would be entitled to in terms of a price adjustment (in your example, if lumber prices skyrocketed for a specific reason beyond his control then usually the owner is on the hook, however, there are measures to limit this exposure).A contract can be drafted using the scope of work, estimate, and schedule (you can include liquidated damages - this is a sum (not a penalty) of what it would cost you if the project is not completed on time - think daily rent and storage rates). 

Fact is when things go wrong its normal to doubt your decisions and think what if I was wrong especially if your net exposure is very high (i.e. you have $1MM in properties say but only have $100K in equity and/or cash put aside thus your net exposure is high).

Hi Steve,Vetting a sponsor especially if this is your first exposure with this group is key. 

Short REITs such as avalon that have large exposure to markets such as SF Seattle and NYC where rents went up so high to drive people to purchase but developers kept permittingNote analysis does not apply to sfh and non top 10 metro.

For me, since I've already deployed the majority of my personal funds into assets, my motivation is having OPM on individual projects which allows me to leverage that capital to increase my income streams while providing my partner a profit and exposure to the process of acquiring and repositioning distressed debt.

To limit exposure, I was thinking of buying using my Line of Credit, and paying it off with cash: basically acting as my own bank.

It's a great way to add more exposure to your company :)Thanks for your help!

Listed properties are listed on Realtor.com and sometimes 30 to 100 different web sites, the exposure is tremendous, more than you can get by yourself and locally.3.