Just a "tread carefully" and be smart.

Quote from @Luis Sosa: SInsurance is not a smart investment.

I went to school for auto body technology for repairing cars after they have been in an accident.

@Kalene Smith Smart decision to get into commercial.  

Is it smart to buy a condo?

If it gets canceled, the smart thing, at this point, for them to do is keep the property off the market and keep working the bank approval to get a number from the bank, so they have an approved number and can sell it to someone else.

However, I come from a 15+ year background in construction and management, with a nerd-like focus on efficiency and building technologies.  

My smart *** answer would be "ask him everything about real estate law that you don't know."

@Eric McCarty, congrats on your purchase and I think you're smart to want verification.

If your vacation home happens to be located near a major event — like a PGA golf tournament or a big multi-day concert — you may be able to rent the place out for a short period even at high rates and pay zero federal income tax.Tax-smart year-end strategy: The more rental days between now and year-end, the better — as long as they don’t exceed 14 days for the year.Rented more than 14 days with substantial personal useYour vacation home falls into this category if you rent it for more than 14 days during the year and your personal use exceeds the greater of:(1) 14 days or (2) 10% of the rental days.