Greg,I know cap rate is an important measure on how a property performs.

Now if you have specific measurable complaints I can hear you.

I got everything I had out of the country just at the right time and now I'm only waiting for the next big crisis coming next year when the newly elected president takes office and starts implementing the measures necessary to rebuild the Argentinian economy; the first one will have to be devaluation. 

I have always been able to bust up the floor and add any plumbing that I need with relative ease.Just focus on if there are any current water issues and take preventative measures as your do finish walls as you move forward.

In 2013, in which Colorado had a 100-year flood, the owner installed flood prevention measures for $5,500 in the common area and performed flood repair/water mitigation in the fourth unit for $6,500.

The parcel measures 12,200 square feet or a little over a quarter acre.

The cash out at 75% of appraisal would basically be worth the sum of what I paid for the properties.Closing costs are being offered at at 3.5% of the loan (are closing costs to be measured as a % of the loan or should I be sharing the actual cost?).

I know this is against most advice I get, but initially, I see late nights in my future sanding, measuring, staining, etc.... but it is all too exciting, even if that sounds mundane to others.

We have never had need to consider such measures.

The second, a foreclosure action was started so the act of you holding the loan will result in time moving forward on the FCL timeline, however in the scheme of things unless a substantial action occurs, say a Judgement of Foreclosure or you are right on top of a FCL Sale date, then the margin of value increase is not even worth trying to measure.