Maybe ignorance is bliss as a non US investor Josh :-).Insurance is potentially a problem we don't have back home.

The time between being in non-compliance and the time you are re-instated is lost rent that you do not recover.

Hello, if I start my own construction company, am I able to sub out the whole scope of work to a different non-licensed company (llc) as long as I get permits and verify work?

Yeah that's the impression that I had, they seemed pretty inflexible, since they seemed non-negotiable on several points, so would I really want to work with them anyway?

Probably 90% non-pros lose in long run.You are right that making a lot money in stock is difficult.The exception is to manage other people's money in stocks: you may perform poorly in long run but still make a lot for yourself.The conclusion should be that for most people, real estate is a much better way to achieve financial independence.Daytrading is certainly not passive.Long term investment in stocks was great for several decades prior to year 2000.

It's then up to the landlord to "train" them.Only advantage of being further away is in some non-critical cases you may be able to say "oh, I'll look at next time, I am 20 mins away".

Perhaps I should just say "non-conventional" or "portfolio".

The property is an old (by Alaska standards) legally non-conforming property and we know that this can be an issue.

Most mentors spend the time and energy because they have a non-financial vested interest in the success of the person they're mentoring.

I would contact at least 3 lenders and see if it they would treat it as conforming or non-conforming.