Ironically, as I started looking more into the idea of financial freedom he was the first source I came across.

Is it an old city with old houses that lack todays open concept or still have cast iron pipes, single pane windows or other outdated features that ar hard or expensive to replace.

And then I saw you live here - ironic. 

Get all those irons in the fire!

Ironically, this seemed like the least scary scenario since we were insuring against it2) Scenario where some of the surrounding areas burn, but not our property.

Now in my lease I also had language to not use any Draino or related products because my DWV system consist of copper drains and cast iron stacks.So I put a bucket inside the sink cabinet right below the p-trap, and I started to loosen the slip but to take it apart, and I just had to make sure so I asked the tenant..."

To give you a ballpark, it probably took us about 20 hours total - maybe 4-5 1 hour long discussions to verbally iron out all of the scenarios we wanted covered in the agreement, and then maybe 15 hours of revision work of my friend's time.

Ironic thing was that developers got 10 year tax abatement. 

But ironically, the richest people in the world didn't get there by working for someone else.

But it seems like you still need to iron out your investment goals first.