Hey BP,Looking for some great websites to use to gather information on different markets, especially OOS investing...One of my personal favorites is "City-data.com", which was also suggested to me by a fellow BP investor!

He would also be exposed to liabilities related to the property, such as lawsuits or property damage claims, which could affect his personal assets.

That would be a separate mortgage and not what amounts to a second loan on your personal residence, which if you have spouses, they might not be that into. 

We have pretty much accepted the fact that ANY person's opinion can be wrong.

What we found was only one other person contracted under $200 per square foot for clients and they also built within the city of columbus. the numbers have a much higher premium the closer you get to downtown. if you can't get the numbers to work my recommendation would be to get closer to downtown. we do build to rent development and single family home development and every line item is broken out. on the triples we have to build exterior staircases etc there are some things you can't really understand unless you build a lot. hope that helps but no one is going to build you for 110 a square foot. the lowest cost homes in our market at cost without a profit barely dip into 140 a square and we are in one of the cheapest construction markets and states in the country. 

I'd be going to as many in-person networking events as possible...here is a list of the BP events:  https://www.biggerpockets.com/forums/521-real-estate-events-...I have a separate list that is more encompassing that I can share as well!

Are you buying the property in your personal name or LLC?

He works for himself at his personal firm but knows real estate and answers questions for me all year free of charge.

A person files for and get's whatever from of welfare.

I won't have time to shop for things in person.