Recently I have been getting numerous complaints from the tenants on the ground floor about the kids running around upstairs making too much noise (two year old and 4 year old).  

Usually more  important though is Final releases from suppliers/subs. 

Most require some form of Proper Notice from subs and suppliers before they have the right to file a lien.  

I've read numerous other forums and I am pretty clear the contract should include language regarding W9, insurance (liability and workman's comp), SOW, draw schedule, independent contractor status, and lien waivers.

  I use a great local CPA that works with numerous local RE investors. 

While lien rights are important for the protection of contractors, subs and suppliers......No one should ever cave in to the extortion tactics of a scumbag contractor, not saying that is necessarily the case here.

I have also been involved in a few rehab/flip projects and numerous residential and commercial real estate transactions.

I assume there is some prerequisite to a sub or supplier (a party not in direct contract with the owner) before they can file a lien.  

It is probably true, though, that appreciation - if there will be any in NA - is a very long-term play.Despite the lack of organic appreciation, North Adams does provide numerous opportunities for what @Brandon Turner (who lives & invests in a rural area very successfully, wink wink) likes to call "forced appreciation."

This platform has numerous resources, so definitely take advantage of all of it!