Only if you fail to cure the failed item will you go on abatement, and even then if you cure it after the second inspection and can get the inspector out to pass it before the next rent payment your abatement will be lifted and you won't actually lose any rent.

In this case, more than others I feel in the area, the implication on the deal for the lender is not the region, but actually the method of acquisition.

I have looked at RS Means, and Core Logic, but I was hoping someone has actually built a single building in the last year and could give me a little guidance. 

. - Many lenders have a minimum of $75k (we actually do down to $50k) but have seen numerous investors not know this, and struggle to get the cheaper houses refinanced. - Many lenders have a min Sqft. - Many lenders have a minimum value of the property (at appraisal) of $100,000 or greater (essentially, they don't want hood houses on their books if they have to take back"Just a few things on your check sheet i would have when evaluating!

Funny but at least there is some substance, and some will actually learn from that topic. 

Many investors do actually lose money...Having family who can help out can ease some burdens (on you anyway) when/if the situation doesn't go well. 

I am actually an engineer.

All critiques or reality checks are welcome.

Reality is, this could be a legit reason to non-renew your property/account, or just any reason among 1,000 different ones that the carrier could send as reason to get off your account.  

Thank you - I'm actually in the IE and an investor friendly agent would be great - but I'm currently house hacking until I can get my finances in order.