Make sure you know where the guard rails are with your bank. 

Quote from @Jeremy Dugan: I am a US Air Force and Massachusetts Air National Guard veteran with 20-years of experience as a military Civil Engineer.

-Have a Baby Gate/Guard around the pool, one with drilled holes.

We're never going to erase class in any capitalistic system so the best you can do is put up some basic guard rails and let the market do what it does.  

We go above and beyond when it comes to protection.. starting with insurance coverage, sings in the listing and in the property that there is no guard on duty (as silly as that sounds), putting extra locking device high enough so youngsters can't reach, an alarm/beep system to alert them that door opens for those with small children (or elderly) so they cannot wander out in the backyard with no one noticing and risk drowning.

Obtain the necessary insurance as well to guard against any hazards or damages that may arise throughout the renovation process.6.

Greatly appreciate that.It could easily cost $300,000 in clean up, debris haul/disposal, security guard during cleanup, etc.

I flew there and walked the house, looked pretty turnkey rental grade): $1029 GFCI outlets, downspouts and guards, drywall, paint, bathroom vent$4615 (new AC unit since unit was stolen before tenant moved in, didn't file insurance claim because didn't want my premium to go up) $600 (water line, gas line, P trap)$60 lawn mowing$112  thermostat repairMy opinion is that Class C is better for local investors who are on site and know how to do repairs and self manage.

Regina, my sister is  currently stationed in Cleveland (coast guard), what are some good areas for her to scout for potential investment?

I'm surprised there's not more legal guard rails in place for these types of deals given the large amount of $$ involved.Curious when a non accredited investor is let into an investment that states it's open to accredited investors only, how does that make sense?