(had to use an alarm)Moved rents from the rental accounts to the main checking.Negotiated and wholesaled a house for a fellow newbie BPer.Put one of my vacant rental homes up for sale.Got denied a refinance - no surprise, I mean with a 770 fico and tons of equity, I'm a real credit risk unlike these financial imbeciles with 3.5% down and a foreclosure on the record 3 years ago.Went to the dojo and punched a bunch of people in the face.Hung out on BP.In the words of Ice Cube, "It was a good day."

You will get the cream of the crop when it comes time to get a tenant and maintenance expenses will go down.      

I personally don't include those and consider them icing on the cake.

In addition to the snow, we received about 36hrs of freezing rain on he 22nd & 23rd which put a 1/2" layer of ice on the snow that was already down.

It is soooo cold here, and there's a layer of ice over everything!!!

And the icing on the cake ladies and gents..... our end buyer was the investor who made them the higher offer!

I may have gone ice-diving off Nome searching for gold, but my love of the ocean has never led to a sizeable increase in my bank account or assets.  

Because if they did, most of those note investors would probably get creamed.  

@Craig Hanlon  depends on the asset and were it is.. many assets that are buy and hold will appraise or comp for higher than you pay for them giving the illusion of instant equity.. the issue is you will generally never be able to sell and capture that equity... its phantom.But if you buy 30% below market of todays ARV in say Vegas or SF or Manhantan or even my little portlandia then your equity is real and can be captured. and in my mind 6% would be great.. but not if your buying in one of the areas were all you hear is appreciation is icing on the cake those areas generally never move in value.. so you need higher cash flow to substantiate the purchase or the reason to invest there in the first place.

The current thought process is to keep the crawl space sealed so it remains the same temp as the home thus preventing temp differences that cause moisture.I am planning on placing some buckets of calcium chloride (ice melt) down in the crawl space to absorb existing moisture during the rehab process but I'm looking for a more practical solution for when I have tenants.