I'd love to hear people's thoughts on debt vs equity investing and what they prefer and why.I personally like the safety of debt, since things tend to be more clearly defined, as opposed to off the cuff estimates on returns.

Once the bio-hazard materials were removed, and the family relinquished the apartment, I had it gutted and remodeled.

i think the successful high school drop outs we hear about are the exception to the rule, there are literally millions of drop outs who DO NOT see any success , my opinion is that an education is a great safety net.

You have to ALWAYS think safety & security first!

THIS IS ONLY A PARTIAL LIST.On these thousands of properties, they must concern themselves with occupant issues, safety and hazard issues, legal and title issues, property preservation issues, expense management, documentation and company/lender auditors, investor oversight, potential insurance claims, PMI or M/I claims, government oversight, Fair Housing issues, ooh and Profit/Loss (Values).

Checking FNMA's guidelines only makes sense if the originating lender intends to sell the servicing rights---even though I know very little about your circumstances, I can hazard an education guess about what I know about construction lending...Call Indymac---that's who I think your lender is/will be.Regards,Scott Miller

Add in a safety factor.Have a way to get out of the deal if you find the numbers were too optimistic (polite way of saying someone was telling fibs).John Corey

Safety and Security are ALWAYS the number one concern of tenants, and they should be yours as well.

If your going to rent it even worse you renter will not be happy living above what seems like a toxic chemical dump. they ll call the health department and boy your troubles are just starting now you don't want them finding a hazardous wasteland under the house get in there now while its easy to access plus it will just build up and you ll have rats the size of small dogs under your house and it can cause foundation problems. your better of not selling this problem to someone else you may end up in court if they see chemicals they ll know you knew about it sometimes(most times) there is no shortcut you ll have to rework your budget to accept this.

OSHA has regulations that apply, and it is a serious bio-hazard concern.