The details are as follows.All numbers below are approximations (estimated on the higher end of the scale).60 acre wooded lot close to NC mountains - $32,000 with closing costsTree removal for cabin location - $1,500Water tap - $1,500Septic - $2,500Electric connection - $1,500Concrete work (driveway etc) - $5,000Small 2 bedroom cabin - $75,000 (with all of the BEST features)Garage (must have with small cabin) - $7,000All in cost right about $125,000.

I agree with JD that the wood floors likely just need a good cleaning and you could deduct cleaning costs from the deposit.

Interestly all three of em didn't like painted wood cabinets.

A $1mm umbrella will cover you for the most part and in a worse case scenario, you might have to cover something, but I don't know that I have ever heard of a judgment of six figures in a landlord case without gross negligence or actively doing something illegal where an umbrella policy wouldn't help you anyways.In 19 years and more than a dozen tenants and 2 evictions that went all the way to changing the locks with there stuff still in the unit, I have never been sued...knock on wood.

Wood paneling / simulated wood paneling - as seen in the pictures, its everywhere, including a really cool step-down-into library where its wrapped around the whole room with shelving (see picture 3).In my last flip, we painted wood paneling like this, but it wasn't so much of it. 

The original 100 year old wood floors were refinished beautifully and vinyl flooring was installed where we couldn’t salvage the wood.

I would try some research , maybe try to find a contact for the other developers that had in mind to do something in that neck of the woods and see if you can't get some insight about getting utilities there for a major development like water, gas, electricity and sewer.

I'm looking at ideas to bridge the transition between the wood floor and kitchen tile in my latest rental.

As an investor and realtor in the panhandle (Destin, 30A, Panama City Beach), I'm biased toward my local neck of the woods, but I know there's pro's and con's to it. 

I'd prefer not to report it my insurance company as I'm sure my premiums will increase.