Generally my takeaway from this discussion was even if you have an agreement in writing and reviewed by a lawyer, taking a step back and asking yourself "is this a fair deal to the borrower" and "how would a judge look at this" is just as important as any other due diligence item.

I've seen people suggest you can have a Solo(k) by doing something as simple as setting up an LLC for selling items on CraigsList or Amazon.

If the contract says you are responsible for stolen items, then shame on you.

When I read her the line item in the lease that specifically prohibited that, she said I was wrong.

So if I had an objection to an item listed that is when I would plan on bringing it up.

Insurance alone does not provide protection, and is limited to those items covered by the policy and policy limits.In response to Walt's comments, I fully agree. 

Do not subtract any lender related/required costs (if any) and any operating items such as prorated property taxes, prorated rents, HOA fees, etc. 

I'm not a tax lawyer, but if you do education on your way to anything, It is deductible if you itemize.

Stick to objective items that can be substantiated. 

Although that is such a default item the seller rarely blinks an eye at this one.