If your partner reaches out indicating a willingness to try to settle differences, than you can choose to do that on your own, or you can suggest employing a mediator for a two hour session at a reasonable cost, shared by both of you3.

Initially I told the tow company that they appear to keep a 9to5 type of schedule but recently my other neighbor saw them repairing cars in my driveway during the day. 

Hello! Anyone have any thoughts on Alabama as a potential market? I know it is landlord friendly, low tax rates, affordable... Any insight?TIA

I will make sure that all topics are covered and are part of our initial screening process for future investments.Thank you again for the time and thought you put into our response.

Since Monday, I have been waiting on the initial payment that has yet to come.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

It's zoned for residential, as I said in my initial post.

Initially, the plan in our group, was to create full floor units as they become empty, which would increase the rents (though still RS).

Initially, I was planning for a quick sale and contacted my private money lender for a hard money loan.

Phase 1 is an initial assessment, more focussed on document research while Phase 2 is where they actually take soil samples etc. 3.