@Chris Messier My initial (knee jerk) response was to say use common sense ... but what constitutes a large storm is relative ... the weather that has paralyzed Texas these past days is normal winter fare here.

In a normal development, the stock market is becoming more and more efficient and therefore the return of the next 10 years will be most likely lower than the last 10 years.

Your post makes sense to me, although it's easy to get lost in the details.The scenario is my normal bread-and-butter type deal in California.

Keep in mind that assessors normally only value real estate on one effective date each year and have to carry out other program objectives in addition to the collection of sales data.

The outside is just a normal block and brick one story building.

I have the impression from this that she would be getting her normal broker cut on the back end, but maybe not.

Michael Wentzel I think 10% is normally a reasonable amount to account for expenditures like roofs and water heaters.

Everything seemed to be going as normal until after I presented the Lender with the Investment Proposal.

Sam Leon if she truly has enough money available, 6 months up front plus deposit, then the second 6 months due before the end of first 6 months.If she is able to acquire a job that shows 3x the rent in gross income before the second 6 month term is due, then she can pay rent like normal.

Normally when it is a listed property the agent/broker will hold the deposit.