If it’s positive $150/mo or negative $150/mo shouldn’t be a deal breaker. 3) in a few years when you’ve raised rents you’ll be cash flow positive on the shorter loan.  

The views are the tie breaker between henderson and summerlin for me.LA: We really like the pacific palisades area and other west LA neighborhoods like around cheviot hills.

Is it a deal breaker for you if you are unable to pick it up below market value if you know it’s a stable market that will cash flow after accounting for vacancies, cap ex, repairs and PM fees ? 

We have a few on the NW side of town and it can be a deal breaker for any tenants that commute to Des Moines for work. 

Although most older homes have fuse boxes updated to breakers. 

@Ani Kap a note on the electrical: if the circuits are ungrounded you should actually leave those 2 prong outlets in place (unless you’re planning to run a ground wire to the outlets or swap the breakers those outlets are on to GFCI breakers).

It could certainly effect the refi amount and might be a deal breaker where it crashes and burns. 

The circuit court judge in Tennessee granted the request and the Developer promptly filed bankruptcy and the property returned to the bank holding its mortgage.

That breaker should trip if you overload the garage circuits, so maybe that breaker has too high of a trip level or maybe it is defective. 

$250k/year, worth $2.2M, and I’m only 34...and I have circuit court case law... yea, I’d say I’m doing pretty well.That stuff he said ya can’t do happens all the time.