I do manage my own and totally agree with your points.

Obviously coverage always depends on the language of your policy, but if your policy covers loss of income/loss of rents, and if you can show you weren't able to fill the unit because of the damage/repair, and that it otherwise would have been occupied, you may have a claim for loss of rents.

I need a great accountant California base to help with the obvious.

I don't work and am not licensed in New Jersey and obviously haven't reviewed the documents, and am not an attorney but will give you a basic opinion based on how this is handled.

What is the total cost of the deal?

In my opinion, $1k additional per unit totaling $3k is rather low considering the additional liability the Architect will incur. 

To clarify, the total income for January below would be only $20k but the OpEx (operating expense) includes a $55k property tax bill.

Total newbie!!!

She’s still paying the same amount in total (380k).

The ending numbers on this place , I am cash flowing close to $200 ( I will post actual number a year from now) and I am also living for free ($500 monthly savings).Mortgage $1850                                         ExpensesRent Unit A -$1200                                     W/S/G -$110Rent Unit B roommate(s) -$1150             Electricity my side -$150 (estimated)Total-$2350                                                  Internet - $75=$500 over mortgage