If someone burns your house down because you do not have 1hr fire separation walls between each unit will the insurance company pay to build you a new one when their investigator learns that your property wasn't to code or recognized as a legal multi-family property by your local gov't?

There are a couple of issues here... generically speaking, plastic burns, creating very toxic fumes.

Many bulbs were burned out - opted to get every bulb replaced w/ LEDs.

Just don't burn any bridges and keep your options open.Type A personalities don't usually do well in a retirement mode and you may find you get bored quickly.

When I was 12 years old, I sat with a Greek/American Guy watching one of his very large apartment buildings burn to the ground, complete with people jumping to their deaths.I learned a lot from him---don't let an opportunity to call go unused.

They have become so guest-friendly that owners are getting burned and just waiting for a chance to jump to a new platform.

And any pre-payment penalties will burn off before year 5 in any event.

I wish he wasn't acting as a turnkey operator already and had some more experience under his belt, because there are definitely people who will get burned by his current strategy.

Going to burn through as many numbers as i can. 

Many burn out dealing with tenants and exit the business rather than outsourcing the task that is causing them all the headaches.Consider your options carefully and do not forget that your time has to be worth something.