And how exactly you know that they are at least the majority owner of WWC?

Picking a house with major, costly structural issues or in a location with poor rental demand can hurt both the rental and refinance phases.

Major water damage in my investment property from a sudden pipe burst there was some other damage from a break inand had a previous break itI have max 160k  insurance payout.It is a builders risk policy for house flipping.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Anyone within 50 miles of the ocean or a major river needs flood insurance.

I would recommend picking a major that has high earnings potential, not something like a degree playing the Trombone.

But, the far majority of our experiences have been that they are very entitled, argumentative, and are very hard on the property.

I have one major question for this.

(Meanwhile I had to pay a "rent" that went into an account for major repairs) Me wanting a nice house to raise my children put a LOT of my own money in for cosmetic repairs and the house is now worth more than double the original purchase price. $219k - now $500k market price in very southern Maine/NH border.

I've found this link (in Portuguese) which seems to describe the refinancing process.Do you know if the major banks are usually happy to do this?