Might even be dangerous as there are people with planes and props driving between the hangars...that airport people know to be careful and on the lookout, but others may not be aware.What would make you want to do this vs the normal 3bed/2bath/2car garage type home and investment?

Financial health and financial freedom are two related but distinct concepts.

If those things are legal and they aren't causing damage to your property or a danger to others, then I see no reason to restrict it.Side note: I think it's a bad vice but it's OK because the more people spend their money on dope, the more likely they are to remain my tenants forever!

However from afar it is difficult to make that distinction. 

I think the one distinction a lot of people aren't mentioning is that you can cash out immediately after closing.

The first 1-4 homes are the most dangerous, when expenses can exceed income.

Naming it after yourself blurs that distinction and may make it easier to pierce the vail making you personally liable.

I could not agree more that the interchanging of terms here on BP is both common and dangerous.

Two good and one dangerous. 1) A book smart GC that has skilled subs (knows how to surround himself with skilled people).2) A GC that has solid experience in many sub specialties 3) A book smart GC that has neither skilled subs nor deep experience.

Additionally, you definitely need to use caution using non-licensed trades, as everything will still need to comply with local codes, and just because you have an inspection done by the local municipality, doesn't mean they can/will catch everything and if you don't know what to look for you could easily get yourself into a dangerous/costly situation.