It is 100 years old and not perfect, but has the charms of an old house that guests appreciate.  

Dangerously misleading title of an otherwise good post."

It's not really worth doing if you don't have enough of an assessment difference to actually get a 25% reduction.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

Right on the bank statement you could see the following:- Federal & state tax refund deposits of $12k- Purchase at a care tire shop, assuming new tires for her car.

The deposit belongs to the tenant, not you, so it shouldn't be subject to any terms outlined in the PM Agreement.If you have a written contract, I recommend you dig through it carefully to understand what you agreed to.

Marginal views are more of an amenity, but with an incredible view, people are willing to pay extra and they are looking specifically for that epic view experience.  

My parents, being wonderful caring parents, purchased a large house in cash for little money through the family trust for us.

Most fake this, but you are genuine.My response to you is then this.First, be careful, because human nature is a treacherous one.

Each step requires careful consideration, but with the right team (agent, lender, inspector), it can be a smooth process.