As such, it is necessary to learn how to properly identify rehab costs and there are literally hundreds of threads on here on that topic, many of which I have gone into great detail on as have others.As an example, two identical houses on same street, model matches.

I've dealt with pimps, prostitutes, drug overdoses, venomous pet snakes, theft of service, dead bodies, break ins, walking in on an intruder, etc. 

They’re just in rougher neighborhoods, so you take a risk of theft during construction, but also selling a home in an area where it’s majority renters. 

Systems which use prepaid cards or member cards/codes are better for the landlord (less incentive for theft), but are even more costly - unless your building is sufficiently large, the costs may not be justified.  

Multiple thefts and numerous police calls involving suspected drugs led me to believe this property would be a nightmare to manage and keep a tenant otherwise it would have been a fantastic keeper.

Multiple thefts and numerous police calls involving suspected drugs led me to believe this property would be a nightmare to manage so Id id not keep to rent.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Under the same condition you hire a RE lawyer and innocent or guilty your going to have a crying wife, a ruined year, and even possible health problems from the degree of injustice felt, plus the degree of insult from being a victim of this carefully engineered theft. 

I know it has alot to do with national interest rates but comparatively my original loan (taken out around 2 years ago) was a 15 yr fixed 80% LTV @ 3.75% so my Refi should be almost identical I would assume, netting me the same or possibly even lower interest rate? 

@Kee Barber I've always found $/sf to be very unreliable, unless you're evaluating identical homes like a row house or condos in the same development. 

I obviously know the positives of mine but what are your thoughts of owning 2 pretty identical units side by side?