@Joshua Feit I am looking at buying my third in Shagbark, but am worried that it's too far out to get the occupancy I want.

Mostly renting it out to schools/leagues/teams or having birthday parties for now.  

Being so far away 3rd party management is gonna be a must for you.

The third pillar is somewhat similar - you want to separate your operations from your assets.

If something were to happen on my property like college parties, is that normally protected under a good insurance policy?

At the top right, put "Send Tax Notices To" and put the redeeming party's name and contact information.If in Tuscaloosa County, you need to put at the top left something that says "Source of Title."

You don't want to be first or last to the party! 

responsibilities for day to day running, in all relevant areas of activitytactical decision making (day to day)strategic decision making (longer term policies)what things can only happen if both parties agreewhat will happen if you can't reach agreement on some major issue - ie deadlockWhat happens if either party 'wants out'?

Any realtor will tell you it isn't evenly distributed; some lenders it's down in the single digits (we find ourselves invited to their birthday parties...), others it's over half. 

One approach is to look for 2-beds that are larger than normal and find a way to add a third bedroom.