But, I know that the best way to learn is to get my hands dirty and having more conversations with those who have experience it in or currently working on these projects. 

I know the financials are sound, however I'd love to have someone model the business and be able to answer questions like "What if conversions decreased by 25%, or the market fell 20%, how does the business model look then?" 

Just my .02..I suggested 50/50 split to start off the conversation.

The most important conversation they should have with you should be based around, "What are you comfortable with for a monthly payment?"

I have a lot of skills to offer as I manage four retail stores that net >$1M per month in sales, hire/screen candidates weekly, have excellent critical conversation/confrontational skills, and I am the personnel leader for more than 100 employees.

Many of the most common losses (fire, water damage from pipes bursting for ex.) are preventable and usually don't take a whole lot of effort to avoid.Lastly, I would just say that documenting any conversations in regards to repairs you are planning to do when a situation like this arises is always best. 

Thanks YehudaYehyda I can speak from experience as I personally purchased and ran a 102 unit rehab condo conversion, along with a 55 and 136 units.

Some of my tenants the only conversations I have with them over the course of the year is to let them know the AC guy will be coming by to service the equipment in the spring.

The build and garage conversion will be great, those are only for primary (ADU+JADU).

@Peter Vuong I am not familiar with your area but I can tell you that I have been having similar conversations about the speed of the growth in the market.