So many groups that were started in the last 10 years, simply didn't even know the risks existed on their deals. 

This policy will provide additional coverage above what your existing policy covers.

Therefore unless there is an existing use permit that's been maintained through proper licensing you will be required to obtain a variance.

On existing buildings they prefer you rebuild wood windows instead of replacing, etc. 

Plenty exist for private lenders (which is what seller financing is) and can track payments and am tables and also do automatic electronic withdrawal (ACH debit) which helps improve the likelihood of getting paid promptly each month.

Though he prefers to reposition existing multifamily properties, he has also subdivided land, built homes, and constructed self-storage.

And, if prices of existing homes rise faster than inflation, you can acquire additional properties with minimal additional cash from savings using cash-out refinancing.Income reliability - Tenants pay rent, not properties.

It already has one existing apartment.

A 16% cap rate sounds promising on paper, but the logistics matter a lot: staffing, guest intake, rent collection, compliance with local/state regulations, and community relations can all make or break the business.We’ve helped folks who purchase existing homes and those starting from scratch—developing systems for managing staff, automating collections, maintaining certification, and keeping occupancy high.

(in my area it is the average of the existing surrounding houses, excluding any outliers, less 20%).