I have an eye for design as well as the ability to make it reality.

@Cathy Leco I don't think there's any need to keep the fee in a separate account, though if you want to designate those fees as your personal "insurance" fund then you may find it useful to do organizationally.  

As far as thinking about what makes the most sense over time, I'd recommend checking out the BP blog posts on "internal rate of return" (IRR) if you haven't already - that measure is designed specifically to factor in time, and I've found the articles on it quite helpful.Good luck!

What I mean by this is that the BRRRR method is designed to limit your out of pocket costs.  

Thank you, we are very proud of how this one turned out, the design was great and people are giving great feedback thus far.

The proposed cat is fixed so it's not that extreme, but I don't want to let it in if it's going to ruin the most beautiful feature of the apartment the first time it gets a urinary stone.

If you had an apartment building designed for student rentals, I may change my mind, as on a macro level it could bring in better students which may reduce maintenance/damage/issues.

At least, that's what this forum is designed for.  

Costs will be higher with this route, but it would accomplish your design to not have any one individual "on the hook" for non-performance of the loan.However, I'd encourage you to either be comfortable with the liability in the deal or to not do the deal.  

The BRRRR method is designed to help investors limit/reduce their out of pocket expense.