May you both always have health, wealth and mostly love!

Wishing you nothing but wealth and health in abundance.

With more units, bigger budgets, making it easier for the HOA to absorb (not always tho)2) having someone on the inside is key, they can share with you information as to the true health of the HOA and politics. 3) FINANCIALS - Need to see balance sheet and P&L.

Thanks Nikia, if say the septic leaked, do you have liability on things like environmental damage or health issues?

That's what's doing it.LLCs get commercial and hard money mortgages, human people with pulses get residential mortgages. 

- central location - Sunny days- No natural disasters or man-made for that matter- great public transportation - revitalization of Downtown and a burgeoning Arts District- terrific Airport- excellent health care options- moreIts a sellers market everywhere.

Trying to figure out how bad small mold growth can affect tenant health and see if the cost is justifiable. 

There is inherent risk in every investment, and while we try to take as much risk out of the deal as humanly possible at the end of the day it is going to be your property and project. 

If the issue is purely cosmetic, then hell no.....not a chance.You are supplying a livable unit for them....on the VOUCHER program....you aren't building them their dream home.Do this and prepare for the flood gates of other things they want to upgrade to make the place nicer....Unless there is a safety or health issue, they can pound sand or move somewhere else....at which time if you want to upgrade the floors and up the rent, then go for it....DO NOT DO IT....

So, you are prepared and still able to close with the appropriate funds if need be.Appraisals can make or break your investments and appraisers are they keyReal Estate Investment, like many other things forces you to deal with a varying multitude of people and the their "Human Condition", appraisers are no exception to this.