You and a lot of other people that bought on tight margins with a low adjustable interest rate are in the same boat right now.

It also forces you to ask yourself if you are being effective and, if not, finding out how you can adjust so that you are.

As a host you can adjust your pricing based on demand. 

If it wasn’t then that is something that should have been noted when they disclosed, and my guess is  they are trying to get closer to the terms on the LE by going to a 70 ltv as that has fewer price adjustments.

Learned some hard lessons about mortgage details, contractors, importance of moving with speed, and dealing with property management companies.

English is off  how the loan works is not how loans work in the real world  But hey they are shot gunning and preying on those who are not up to speed with how the current lending market.

They are plenty of places to start learning and getting up to speed and educated before you invest.

The business is so much easier once you get rid of the debt.Other people may think it's more or less but that is what happened in our portfolio (adjusted to your figures and excluding commercial) over 2 15 year periods from 1990 - 2005 and 2008-2024.

In the appraisal report I noticed that the appraiser does adjustment in the comparable price depending on the sale date.

Would you recommend hiring an independent adjuster to work with the insurance company?