We were extremely hard pressed to find a painter to do this which is why I said I could do it.

They are both the same value.The power of the equity is the PV it buys. 

The City could also require solar power.

(taxes would be extreme, especially for the properties held since 2000's.)

Things can and will go bad, but once there is enough monthly cash flow generated it will be extremely difficult for that one big issue to put us away or even 2-3 big issues all at once. 

We will shop for used appliances where we can when we need one… or pick up used cabinets if we can, or search eBay for something smaller,  but going to the extreme of personally shipping something big in internationally for one-off renovation needs seems like a stretch of reasonable.Just like you mention, the number of unknowns would not seem to be worth it to me.Just my 2 cents.Randy  

The flood insurance has also been extremely unpredictable at any of these beaches, so that's a bit of a curve ball.

However, the process was extremely cumbersome, communication was inefficient, and the loan fees were inflated compared to other deals I have seen from fellow investors.We will be ready to begin the refinance stage of our next project in the coming days, as renovation is finishing up and we are screening tenants.

I had never used a power tool prior.

Makes me feel more powerful  Guess what guys…I have an update call scheduled with Tom this coming Tuesday.