I want to buy that cheap 80 inch TV while getting paid $15-$25 per hr flipping burgers.Ultimately we live in a free market society.

It may cost me 5K...I guess a cheap lesson learned and that deal was under 100K.

Add in the fact that I was determined to be cheap at first and I'm surprised I did so well.  

You are exactly right, its not cheap!  

Ironically, cheap and greedy people rarely get wealthy, frugal and generous people do all the time, though being frugal and generous is no guarantee of it, it is a darn good place to start and stay IMO and has its own rewards well in addition to monetary riches.

$125K for a multi- in Mass is insanely cheap, which has me insanely worried. 

Umbrella insurance is always a good idea and is fairly cheap, but I don't think I would carry it unless you had a larger portfolio of properties that it could cover. 

Honestly this will likely drive away most good contractors because they now think you are cheap and will attempt to beat them down at every opportunity.

It is very cheap compared to the potential loss if you end up having a title problem.

I was looking around on RedFin (I know, I haven't gotten a realtor involved to get access to MLS yet just because I want to have a solid plan before reaching out to them) and within the Twin Cities for residential there aren't many cheap multi-family properties!