I started with a standard lease provided by my realtor and added an addendum to cover things that I felt the standard one did not cover.

If the appraisal is enough to cover cost of construction then I would not be required to put up any further down payment, if it is not enough I would be required to bring enough cash for the difference. 

The project will be perfect or the designers head will explode...and I'm paying the contractor with her running point on construction admin, so he'll suffer until it's perfect.The point is, if you can apply your complex skillset to a parallel universe, you'll do well. 

Maybe you find a property with a basement that would rent out to help you cover part of the mortgage and allow you to put some sweat equity into it.

Hello everyone, I recently learned that, because my tenants all happen to be students, my insurance company won’t cover the property because they don’t deal in “student housing.”Has anyone ever encountered this?

I have a LLC and business account so that's not a concern of mines.His assistant stated they do not give 100% financing so that is why they require that amount, to cover the rest of what they will not finance.

I struggle to wrap my head around what the 8% fee actually covers?

My question is; should I pay off the mortgage ASAP or find other investment properties to cover the negative cash flow? 

However, if vacancies do occur you are at least covered for one month.5% is okay for Maintenance/Repairs.1% for CapEx is crazy!  

Hopefully all your housing costs are covered and you can make a little money.