Sod is installed year round in most areas of the country, surely California can handle it.Also who is supposed to mow this lawn?

Then we were emailed that we are supposed to get the lease approved from the board.

They're supposed to be the note holder and beneficiary; what happened here?  

It was supposed to be done by this month, but due to government agencies involved, it is dragging on.

But you're right if it has title insurance then I suppose I should be good

I suppose its like anything though, a few bad eggs can give the whole lot a bad rep.  

This will invaribly be different for each rate and scenario but just a general gauge.Even though rates are in the 3's and 4's the monthly payment or what we call the "mortgage constant," on our end is higher because your payment does not consist of just interest, but interest and and 1/360th of principal on a 30 year fixed loan which is designed to amortize/payoff to $0.00 balance by year 30 or 360 months.Typically a rate around 4's will have a monthly mortgage constant of around .50% monthly (6.00% annual) or about $500 per month for every 100,000.Sometimes when the rate gets into the high 3.50% range the MC is around .45% per month ($45 per month for every 10,000 borrowed) so it doesnt vary much while at 4.50% 30 year fixed the MC monthly is around .507% or $50.70 per month for every 10,000 borrowed.I suppose all this technical speak means is that if you borrow money where the outflow out of your pocket is around 6% with interest and principal considered then you'll probably want to reinvest it somewhere else where you can get considerably higher rate of return on this cash than 6.00% atleast this is how I look at it.If you want to make 6% + 6% for cost of funds then you'll want an investment with a hurdle rate of 12.00% or higher cash on cash as an example.

My option period is up today so won't be able to get another before a decisionI suppose I could purchase and get a tenant in it and later look at investing in the foundation repair 

I visited an operation in Indianapolis that is supposedly one of the good guys.  

The worse part of the storm is suppose to hit around 1pm today ..