A single space heater can cost $3 per day to operate so you could be burning through $10 or more per day with three heaters and increasing the risk of an electrical failure or fire.A cheaper solution is to run the water in the faucets any time the temperature is below a certain level.

If I have the property in an LLC or corporation and I get the non-recourse loan and worst case scenario the house explodes/burns down and I can’t pay back the lender and I have to foreclose - I don’t have a foreclosure on my personal record, all I lose is my down payment, and the foreclosure is on the LLC/Corp and I dissolve it and that’s it?

Hopefully they are just burned out or taking profits and moving on. 

Also, I just realized that you were saying the proposed structure would involve all 100 investors being active managers.From my point of view as an investor, I don’t like it when there are even two different sponsors in a deal because I feel there are too many chefs in the kitchen and able to burn the meal by arguing.I can’t imagine any situation where I would subject myself to an investment where 100 people have to vote on crucial decisions such as what property to buy, when to refinance, when to sell etc..  

If you think Travelers dwelling limit is low, you can insure it for more, but you are not guaranteed it if the house completely burns down. 

What is the process after your renter forgets to open fireplace vent and burns half the house down 😑

I would much rather live beside a natural gas fracking site and a gas burning plant than a windmill lol.  

@David Burns Thank you, hopefully I will be starting renovations shortly so if you see a dumpster and me struggling to carry demo pieces out to it feel free to stop and say hi.

Yes, I was the one who confirmed the meter reading with the title company, having been burned before.

Chattanooga and TN in general is a very close community and you can surely find your place in groups as long as you don't burn any bridges :)