What are the Procedures necessary.

Think medical, hospital without insurance for a month, just as a possible example.I make money when deals close.

Also, depending on your construction contract with the GC, it will likely outline the correct venue and procedures for any dispute resolution.

I'm familiar with the Texas lease and it still has holes that need to be filled with additional documents or solid policies and procedures.

@Brian Howse hey @Ather Taqui, if you do a umbrella policy it will cover liability and medical payments on all of your investment properties.

If they do NOT have written procedures how are they going to deliver consistent results?

You want to know where they have studied, how often have they done that procedure, how amazing is their success rate etc. etc right?

Several of my recent buyers have been medical and legal professionals with high taxable income, that are looking to expand their value portfolios by incorporating an accessible short term rental property (often doubled as a legacy anchor) that will often offset or 'pay for itself,' in tax savings. 

In the Lincoln City/Newport area there is a lot of hidden potential for MTR or medium term rentals (furnished 30 night+) as there are medical and coast guard professionals that need long term, convenient housing.

These are often used for difficult to insure trades or businesses (ie. medical Malpractice, asbestos removal, etc.).