We're trying to decide on what material to use to replace it.There's not great air flow to inside which is why we're considering moving away from carpet and something that may hold less moisture, easier to clean, look more modern etc.

Or a combination of any of the above. 

It's suggested to not use modern types of mortar mix.

does this calculator combine monthly expenses and debt service?

You mentioned several things that could be sources of moisture and my guess is some combination of all of them is the problem.

Combine all your properties into one and take out that equity and go buy more!

You could also do Purchase and then Sale #1 and #2 (which is what I have done) but that adds a little more risk of being able to sell in time so only advisable if your purchase was a smoking deal.I'm sure you are aware, but total sales price of #1 and #2 combined must still be less than the purchase price to avoid boot.

All of that combined well makes up for the doubel closing costs.

Anthony, then consider making it a debt offering or perhaps a combination of debt and some equity to make it a win-win for both sides.Best of luck!

For example, our kids can still turn out crazy or end up in jail, but upper middle and high income people are not generally worried about lights or water getting turned off in combination.