Thats not a wise gamble in most cases if there is a market change for any unknown range of factors.

Buying a property at 7-8% interest today, then having to refi again in 12-18 months at a cost of $3,000-5,000 when rates are back down in perhaps the 5% range is likely taking a step backwards financially.   

This is clearly a shakedown, and while I'm not a lawyer and wouldn't know what law it violates, it certainly must violate one or more laws to purposefully conceal what the correct address is in an attempt to have the LL violate housing laws, and thus profit from it.I would request a freedom of information act request, and ask for all documents related to the previous 80 cases, as there are bound to be common themes, such as "attorney claiming to have sent a letter", but all 80 landlords mysteriously never got a letter. 

If you do it this way, you will see your CoCROI numbers are with-in range and beating the market Good Luck Cedtech Group.

I'm not attorney but I'm quite confident they are duty bound to at a minimum disclose that to you beforehand.

It depends on the area but the typical range is 1.5 - 2.5.

But I think it's better for a local investor that is going to be hands on and self-manage.I'd much rather invest in Detroit where I can get a SFH in the $80,000 - $90,000 range with $1,200/mo rents.

But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.1.

If you look at 1926 Howard - Market rent for the main house should be in the range of $1350-1450.

This can range from minor modifications to more extensive build-outs, depending on the nature of the tenant's business and the agreement with the landlord.