I want my insurance to protect me even if a burglar falls and breaks his leg.

Definitely in fall.

The risk is they could fire you tomorrow or sell the company to someone with a much different vision. 2.There has to be those who fill other roles as well, whether it's a hard money lender, private lender, or even a valued employee. 3.I think it’s prudent to do due diligence on any idea or venture however, if you focus on only the negatives then you’ll never start anything. 4.While having the knowledge needed and wanting to obtain more is great, one can also fall into the state of paralysis by analysis.

Most of the work, risk and expertise is falling to you and your brother.

When it rains there the streets just fall apart.. when I moved there to handle my 08 09 collateral melt down I had my porshce shipped down from Portland..

If you have the track record and resources, you should be able to find a portfolio lender willing to refinance you assuming you fall within their in house guidelines.

I have had vacancies in the late fall and winter, and the people who are looking for a place at that time of the year (in colder northern areas) are not the best quality tenants.

I'm not taking much heed, except for the point that most projects fall behind and there is not way to monitor or control anything from an investors standpoint.

If the owner does agree keep in mind if the deal falls through all your sweat equity and materials are lost.

Repairs are considered expenses and can be deducted, but none of what you mentioned falls into that category, unfortunately.