I am a hard money lender based in Washington and we also lend in Oregon

Cap-ex was needed for:* Original 1960s kitchen, appliances out of order* Original 1960s Pepto Bismol colored tiles in the bathroom* Tobacco and marijuana stains/odor in every room* Stained carpet covering damaged hardwood* Broken side door from forced entry by police* Zero recessed lighting with 3 layers of blinds on every window* Lots of trash in the basement both on the floor and mounted to the joists overheadCheck out the Zillow listing at: https://www.zillow.com/homes/119-Jasper-Pl-Alexandria,-VA-22...What made you interested in investing in this type of deal?

Quote from @Nicholas Pugh: So based on these advantages, is this the right time to Refi or wait?  

Quote from @Dan Deppen: One that I've seen a few times is people thinking they can sell a note based on the sum of all the remaining payments instead of the principal balance.  

Based on my understanding, I could file a small claim but the court will not execute it, which means if the tenant decides not to keep paying rent, I couldn't anything with them even if I won.

The reason for this is that RE market prices are based on numerous criteria.

Their cap rate is based (among other things) on the current property taxes that they pay.

And finally, while there are likely some pro accounts that will only give you discounts if you are licensed, most will let anyone sign up, and are often based on volume spent at that store anyways.

Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

Value based on NOI and cap rates.