They say that the owners are paying $200/mo. on that lien. 

They didn't pay when my tenants shot out the window or when they stole the copper out to the AC.

But my buddy is paying just $__ to his CPA!

I have only been using the bank accounts to pay business/property bills and pay down related debts, he has been using the business bank account for anything and everything from purchasing vehicles to other personal non related investments.

We always try to help new investors and pay it forward!

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Planning to rent the 4/1.5 side by the room and house hack by living in 1 of the 4 bedrooms then planning to also rent the larger 1/1 side.Planning 5% down as owner occupied financing. 

You can save money by buying smart, but don't buy cheap/lower quality because you get what you pay for and it may cost you down the road.

I pay roughly $1/sq ft for material and installation.

Lastly, I don't know what your long term plans are, but having a house to return to in the States if your international adventures don't work as planned can be a good safety net for you!