It seems to be in an area where people have had problems with units being broken into and the reviews talk about lack of security cameras or adequate fencing.

Given the capital intensive nature of the business, why not parlay that into some excellent vacations and long-weekends?

You may want to consider natural light coming in the great room as well, since you're not going to have much light coming in from the front you may want to add more windows in the great room to bring in more light.

Newbie Lender.... please explain why because the financials of the buying group is solid, the cash flow of the property is adequate and the property is located in a highly appreciable part of town???

Many planned projects of this nature do not become a reality.You can get information on the likelihood of project coming to fruition by looking into zoning decisions that have been made by the local municipality.

There are a lot of really nice natural colors to choose from.

Nature's Miracle (normally used to remove pet stains) works well.

Naturally I chose the investor side of the story, so writing about this subject as a requirement really helps to understand what an investor should do in order to survive another crash.

I recommend using entities, however, if you have no assets to protect, then starting out, insurance is adequate.

So it is a natural fit.