I am guessing there is either a preferred or in house lender with large amounts of credit to get to this? 

He was playing nice, but then started to really press me about the final payment which was a large sum of money.

When they do, they are typically covered by insurance and settled outside of court.The odds of a landlord being sued for a large enough amount that it eats up their insurance, the equity in the investment, and their personal assets is almost non-existent.

If something has only a 1 in 2 chance of occurring but returns 10x if it occurs, that is typically a good investment.My last purchase (not the one I am currently under contract but last purchase) was large negative cash flow at aquisition.  

Large investment groups and small investment groups have been scooping them up in batches over the last ten years. 

He is a great real estate lawyer, who is efficient with his time and does not require large retainers.

I've faced some large insurance claims in the past and a public adjuster may be helpful in maximizing your insurance payout. 

Quote from @Salvador Auciello: @Todd Fry give me I ring I have a large network of commercial lenders and investors that finance mobile homes. 

I am only skeptical because I consider myself to be fairly knowledgeable when it comes to leveraging money, investing, etc. but I have also over-leveraged myself, taken on too much risk, and sustained pretty large losses - which it doesn't matter what your return or CoC is when you wipe it all out with one loss. 

FYI - When I appled for a City STR permit, the inspector that showed up was interested in only 2 things: Fire extinguishers on each floor with large signs, and working Smoke/CO2 detectors.I expected them to get upset over the old stairs (1940s) which were very narrow (29").