$12500 /25 life span /12 months = $41 per month.

It spans across 10 acres and boasts roughly 4 acres of mature vineyards, a single-family residence, parking lot, pool, wine tasting room and cellar, multiple smaller structures (barn, storage, garage), and beautiful landscaping.

I close on my cash-out refi this week, and due to the low appraisal, I cannot pull out as much as I had anticipated.I understand that, unfortunately, this is the nature of the beast and a possibility when depending on an appraiser’s valuation - However, my realtor, lender, conservative comps, etc, all point to a valuation of 15-25k higher.Once my current refi closes, is there any time span I have to wait (or other possible negative) with ordering another appraisal with a new lender for a HELOC to utilize the rest of the expected equity in pursuing additional projects?

Do the math and see if their current cash call is enough to survive 2-3 more interest rate hikes if a refi is not possible within a short time span.

Going to be hard to pin this on the tenant.....and you can only charge a depreciated price for replacement. i.e if the tenant negligence greatly accelerated the unit to reach the end of his average lifespan, then you can charge for that accelerated period..... not the entire life span and a full replacement cost. 

Those active investors who successfully pursue, acquire, manage, and exit multifamily properties must build strong teams with expertise that span many different specialties.

@Pete Harper I am surprised the day where prices are where they are in Killeen in such a short span of time.

Props on purchasing 39 properties in that time span!

You might be better off with 2 or even 3 pms because that is a pretty large geographical span

The 14 units had a better mix... several 3/2s in the mix, spanning 7 parcels.