Personal Property coverage- furniture, lawnmowers, signage, etc. 

We've not met in person yet, but know each other.

I’m not a former IRS person.

I personally leverage, but have a large rainy day fund. 

Fast forward 2 years his landlord mentioned in passing he might sell the property; I was the first person on his mind.

A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.

I personally think it is best to work with local professionals with a good track record. 

Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.

I do not personally use him based soley on the fact that the firm is virtual.

I appreciate any feedback.Regarding Insurance, personally I would never have someone else (A Lawyer) handle the insurance on a Sub 2 deal or any other real estate deal for me, you would be setting yourself up for failure.First of all now you would need to get a POA for the attorney from the seller, that may not be your best move.