Credit reference agencies record this information and companies may use it to assess any future loan/credit applications you might make.

You could see if your landlord would be willing to entertain a bid from someone that you found that is a licensed contractor in your state.Is the replacement assessment based on what the repair person stated, or just what the landlord wants? 

I'll throw in a few more things to consider:Property Assessment:Structural Engineer Evaluation: Before proceeding, hire a structural engineer to assess the extent of the damage.

After thorough research and initial assessments, I estimate the rehabilitation costs to be approximately $250,000. 

So any insight on this would be greatly appreciated.How are properties assessed for property tax?

Use FB marketplace to figure out what you can rent the rooms for.- How risky are student tenants?

You also have the possibility of getting hit with special assessments over the years... these assessments can often be in the thousands of dollars.

From looking at Furnished Finder, Craigslist, Fbook marketplace, Zillow, the rents for MTR vs LTR don't seem that different (although are a bit all over), and I'm having a hard time assessing demand for MTR. 

FB marketplace.

I don't blame you , it is a very complicated marketplace.