I haven't done the math, it sure is a bit more expensive than upgrading to the minimum, but it does take your project to the next level, bringing in a higher sale price and a quicker sale.

Christian,I don't believe your comments are entirely true.The was a federal act passed in DEC 2007 the lenders cannot hit you with a default judgement on your primary residence keep in mind the irs can and will tax you on the spread in a short sale and one morning you will wake up to a 1099 in your mail boxOn the contrary, House Resolution 3648 prevents home owners from being taxed on forgiven debt.

Elimination of health and safety hazards (including the resolution of defective paint surfaces or lead-based paint problems on homes built prior to 1978).

I'm guessing it would be pretty easy for the landlord to get the lein thrown out but it may be even easier, cheaper, and quicker for him to just pay the lein instead of fighting it out.

The more property you have, the bigger the payoff when things recover.I have always prefered multifamily over sfr as the numbers seem to be better, but I do agree that the SFR can be sold quicker and easier as you can sell to both investors and end users.

Less tax benefit and quicker principal reduction at 2%.

I think the average time has actually been coming down over the last 12 months for short sales as most lenders are pushing hard to get quick resolution.

Also, this process will move much quicker; you can have a response to the loan mod within 30 days.I know of 2 different investors who have recently entered into a forensic audit with this company.

Its just quicker and easier.

Todd,One thing to think about is that commercial lenders will do their due diligence much quicker than residential lenders.