As far as giving her reminders, my lips are sealed.  

Especially, if the numbers work as a pure investment property once you move/get transferred.I don't know anything about that market, but a property like this looks pretty darn good at first blush.

At first blush it looks like a $290k asking price home would demand $179-250 per night and the season is most of the year. 

I learned my lesson on that one.. you really need a deep dig into your asbestos rules.. nothing says you just don't leave it in place if you don't touch it.. its when you go to remove it thats an issue.but these are what your looking at with distressed assets and you just have to pay accordingly.. no old fixer is going to be just lip stick other wise it would not be value add..  

And you have to worry about a special assessment absolutely wrecking you.Ran, just throwing some cold water at you here - on first blush, this looks like it is a very, very bad investment deal.ETA: this is not directed @Ran specifically, but it appears nobody on this threat has considered any expenses beyond mortgage. 

Performance as NOI .  3. performance as movement to personal life goals.What I'm hearing at first blush is that Number one has been great to date. 

From this point forward, the word "hormones" shall not pass your lips.  

Now I know at first blush the town will say your zoned R-2 so you can't however when I see these other buildings with multiple units I ask myself well why them and not me?

I am not either of those things, but at first blush I think you have some misconceptions.

On first blush, most appear to only offer a 70% LTV which is lower than I hoped for.. wish I had a good relationship with a local lenderI believe the properties are worth ~$155,000 each, but that is tied to the appraiser.