I just want to be able to protect myself from damages while it's still learning to be this way. 

So I'm worried if they pull out, aside from being stuck with paying for all the damaged stuff, I may have the city say other stuff doesn't work or wasn't done right by the contractor. 

I would also add that *some* of the schools might not deserve the reputation they have for excellence.

Long term - it's almost impossible to properly charge the right person for damage to the common areas.

I would say the catch is to understand what caused the damage.  

if it is damaged, an acv policy will probably give you half of the cost to replace.

Enough elementary economics, another true saying, "poor people have poor ways" being poor is often the result of the ways selected to achieve something, slapping tar on a roof when it should be repaired,  later water damage causes a greater loss and the roof still needs repaired. ( "A stitch in time saves nine" comes to mind as well).  

I am looking for a couple reputable contractors and handymen that work in Lancaster City.

What was nice about Memphis was a number of turnkey providers with excellent reputations who are also active on BiggerPockets.In terms of lenders, I got competitive rates from the lenders who specialized in working with investors, and who had previously worked with the turnkey operators.

I have a very experienced and reputable custom home builder on board to do the construction.