I had to appraise an extremely large cash handling facility that was essentially a giant vault at one point in my short appraisal career.

@James SullivanYes, we absolutely show occupied units, it is standard in my market.

I use standard landlord policies on my properties which include $300K liability, plus a $1-2M umbrella policy over all my rentals, home, and auto. 

Could also check local banks that might have portfolio loans since sometimes they can be a little more lenient when it comes to qualifying standards

If/when you move out it gets incldued at that point. 2- Most of the renovations needed to put a rental in service need to be capitalized as a standard rule.

@Alexis Mashaw-Williams yes, always happy to talk to new investors 😊I’m based out of Providence so (by RI standards :) that could be considered far, but these days where a lot of coffee shops are closed, phone calls are probably a better way to connect at least until the Coronavirus blows over.

In a case were a PM is involved that liability doubles in that a PM not only has the same responsibility to other tenants as landlords do, but the PM also has a responsibility to the property owner and is held by the state/township to a higher standard.  

Obviously, we can't know what the future holds but there are some pretty standard principles in place.

Typically $90K+ MHIB: Built 10-30 years ago, typically more suburban, many more standard amenities like pools and fitness centers.

these will be City of Canby Oregon improvements and they will maintain them.. this is one reason our cost are so high we have to build to some pretty tight standards before the city will take them over..