Our goal this year is to decrease our overall D/E to under 1.I sleep very well at night even with what some would consider frothy leverage.

The discounting likely would be worth the temporary credit marks, which would be cleared in either scenario.

I could see extending the term of the option, but I see no reason to decrease your price.

I could incorprate these changes into the side to be renovated, but retrofitting them into the already completed side would be more difficult.I am looking to hear anyone's experience as to what the cost of a sprinkler sytem/ alarm system might be and if there are other incremental costs or regulations that should be anticipated that I haven't thought of.For the extra $500 per month income and some decrease in insurance costs, I am motivated to do this, but the regulatory hassels are less as a two unit.What do you think?

This could lead to Special Assessments that could range from a temporary monthly increase (i.e. $100 per month) or a one time $1,000 special assessment.

The law was repealed and you have no obligation to issue them.The IRS hires tons of temporary workers this time of year.

I also purchased two more residential lots and have began working on floor plans for one of the two.I always do an inventory at the first of the year with regards to current status of commodities and assets and increase or decrease accordingly.

Its an issue of materiality more than anything else and you will need to have a written policy in place that you follow.If you have one property and collect $400/mo in rent and purchase 5 tools in one year for $100/ea will be far more material than if you had a 100 unit apartment collecting on average $650/unit and spent the same amount.There are few hard and fast rules here though the temporary regs passed in December will change some of this on your 2012 tax returns.

When banks couldn't file NODs, REO inventory decreased even further.

Is this a person with a temporary bump in the road or a habitual offender??