This refinance will allow our company to receive 50% of our initial equity back as proceeds and subsequently boosting our investment returns.

This refinance will allow our company to receive 50% of our initial equity back as proceeds and subsequently boosting our investment returns.

I wouldn't typically recommend this strategy unless there is a significant investment coming from public/private groups in the area, but if the root cause of the neighborhood sliding back is the convenient store and you know that the owner is going to do something to significantly change space, it is probably worth pursuing some improvements in conjunction. 

I think people tend to overstated the decline in a large metro like Chicago... we are the third largest market in the nation still so even if we slide down below another city we will be... the fourth largest place.

There's an argument to be made for a sliding scale depending on the age of the home and the condition of the systems. 

We specify in our leases that felt pads are to be used under furniture feet, no sliding of furniture, etc.5.

Obviously I’m going to be heart broken if we have to put people out on the street, but we just can’t run a housing complex with no revenue, and if you let one person slide.. when does that train end?

Go out and get yourself as much FNMA debt as you can and let the value of the dollar slide. 

If they’re good tenants otherwise I would just make the repairs and implore them to inform you sooner if there are subsequent water damage issues (or any issues).

My UNDERSTANDING is that you can have subsequent VA loans on multiple properties if you're moving for work or some other reason.