For a variety of reasons I (wouldn't actually heat the whole property, incomplete estimate, inconsistencies in the scope of work between the workers) I terminated the work. 

The SJW's are just puppets whose thoughts are carefully molded by by the advertisers (both the radical and the armchair variety SJW).Don't miss seeing the forest for the trees in this Media hyped "SJW Landlords are bad" thing (they want people to focus on the carefully selected trees they are Advertising).Just my 2 cents. 

I can't tell you how many horror stories I've heard from folks about their GCs totally messing up their investment properties in one of a variety of ways.

The taxation rules around dividends between related corporations is another topic which you should review with your accountant as there are a variety of conditions that impact taxation.Finally, my last bit of advice would be the same as my first ... set your objectives down (near-, mid- & long-term) in bullet form and find yourself an accountant to lay out a plan to meet your current and future needs while mitigating taxable events along the way.

-if prices do not rebound we will need a plan beyond that and it will not be pretty-this can and will hit the rental market in a variety of ways and here are a few potential issues i see.1. higher end rentals could see prices drop or vacancies increase as this type of downturn could hit middle to upper income families that have not budgeted or who see their jobs or incomes decrease as companies tighten their belts and cut salaries or even lay off more folks.2. low income rentals would see more evictions and more late rent payments and potentially small decreases in price - while many of the low income families in town do not work for the oil and gas industry they do often work in service industries that are frequented by oil and gas folks or depend on programs that are subsidized by oil and gas money in our state budget. 3. property prices and values - prices are being driven up on investment properties mostly by out of state investors as there are very few areas where you can get a "decent" property for under 100k and we are still one of them. 

There are plenty of wholesalers in the area the offer a variety of properties.

We just spent 10 days doing our typical "Spring upkeep"We sanded down solid wood kitchen cabinets, primed and painted them.Had a bulb burned out under the microwave.Fixed some screens on the screened back porch.Touched up some paint on the dock.Cleaned out flower beds.Steam Cleaned CarpetsFixed a bedroom door that wasn't latching properlyEtc.For those of you using a PM:Does you PM regular inspect to catch small things like a microwave light burned out?

That money generally doesn't come from a bank although some local banks do have loans they keep in house and they will make up their own rules, but they usually come from mortgage brokers who have access to a wide variety of wholesale, portfolio lenders. 

Worcester appealed to me for a variety of reasons - cheaper prices for multi-families, opportunities for value add/BRRRR properties, potential for growth with the money invested in the new baseball team/surrounding area, etc. 

I think in most cases conventional and commercial lending are on 2 different sides of the banks and constructions loans are on the commercial side, but I've heard of some interesting variety when it comes to banks.