For that reason, taking higher limits such as $1 Million per Occurrence/ $2 Million Aggregate is kind of a no-brainer.

Unless the owners try to pull a fast one, there should be no reason for you to get nervous.

You will need to keep your payments as low as possible for that reason even though you will be losing income on that equity.

Is there a particular reason you’re using the TAR lease?

I'm trying to understand the motivation and reasoning behind why things are that way and this way hopefully i'll adjust my strategy moving forward.

Is a 5% cap rate reasonable?

Especially for a front-ended note with a conservative LTV.That said, how would I DECREASE the note buyer's return to a more reasonable 12% or so? 

There has to be a reason, find out what it is.

No reason to give away the farm if that’s true.

I can't and I am sure you can't even imagine what people are currently going through right now...The reason I made this thread/post is, that I want to know what can be done and how can I help rebuild the town and help people recover.