There really isn't a reason to have it active unless there is excessive humidity.The folks upstairs can simply crack a window.

He should be provided with all details, and if he has real estate, analytical, and or financial experience and acumen then he should be able to access the risk, and filter out those opportunities with excess risk, low expected ROI, and those which do not meet any criteria he wishes to use.investing in a fund is much more of a crap shoot.  

But if you lend out at 12% and 3% points, you might be able to earn in excess of 15% (if your borrowers pay you back less than a year).Otherwise you’re going to trick yourself into buying junk.... and lose money.

When all was said and done, our $12k got us:New windows throughoutInterior and exterior painting for the house and exterior painting on the garageA small amount of roofing - The house's roof was only a year old, but the cover for the back porch never got redone for some reasonGutter guards along the whole houseNew floors throughoutNew kitchen appliancesNew bathtub enclosure (including moisture-resistant drywall)Some light electrical work (new lights, flipping out receptacles, etc) What was the outcome?

Once the walls are 'broken down' a slew of issues (i.e. plumbings & electric issues, moisture, structural damage, etc) can arise that will affect the estimate.I would use $175/sq. ft. to calculate your estimates.

Your big talking point should be your ability to create housing, and this excess cost will negate that.Feel free to reach out and I'll help anyway I can.

If that is the case, I have found those coverages through the Excess Market (Lloyds of London or similar).

More and more HOAs and cities are blocking all Airbnbs and VRBOs due to excess traffic and cars parked on the streets. 

I also recommend that you know exactly what is being disputed; cleaning fees are an often-disputed assessment and under Florida Law cannot be imposed unless the cleaning required was excessive. 

More specifically, I would be frustrated if I hired a property manager and when there was an issue with the furnace/ac they would simply call the big brand HVAC companies who charge a trip charge to come out and look at the issue and then give a high quote that to me is often excessive.