Just wondering what what criteria you guys weigh the most when leveraging existing properties in order to buy more, reconstruct/refurbish, and maybe even build new (more units)  --  thanks again for the advice  --

The property I'm working on now was so badly damaged we actually had to tear some of it down (to dirt) and reconstruct it.So, that said, I would do the deal if it's fixable but I'd write the offer for them to fix it and you pay xxxx amount or you fix it and pay xxx amount.

There's a dude down the street that is married to a surgeon, so he can write off his passive losses against his husband's income.

Friends in Ithaca recently added an accessory dwelling unit when reconstructing the garage at their SFR in Ithaca and the process has taken well over a year navigating the city bureaucracy - with a couple of construction starts and stops because neighbors complained (spuriously) to the code office. 

Would you hire a surgeon that has a success rate of 3%?

You could speak with the Erie agent and have the reconstruction cost calculations looked at to make sure the properties are not over valued.You could also look at taking a higher deductible to pick up some savings.

i certainly would not meet him .. he has already threatened you and bottom line is a lawyer is not really going to waste their time to get just their fees and a $2200 judgement.. i coukdnt even get a lawyer to take a abandament case when my surgeon quit right after my stomach surgery and only gave me one day notice .. he didn't set up any follow up care ..  

I guess what I am saying, is don't ask a baker to be a surgeon. 

Buck Joffrey is a surgeon.

In the event that the duplex got burned down, you will have to reconstruct a new building for industrial use.