And excess over preferred is looking less and less likely.Overall a disaster. 

I have never seen a judge turn down a request for more time for a qualified sale, unless the homeowner has already abused the system for excessive periods of time.

I have never held a mortgage 15 years (or even 12.5 years) and I have had quite a few mortgages.I claim that it is better to have the negative cash flow and use the $450k to achieve a return in excess of the 6%.  

The property owner retains full ownership of the property, including the title, control, and decision-making authority.

So while I have family nearby I want to minimize excess wear and tear because 1.

We will quickly correct the excess spending, and fill the vacant units with quality residents.

@Alicia Prokos (and anyone else in the same position) A 401k plan is a type of Qualified Retirement Plan, in which there are - at a minimum - 2 essential roles: Trustee and Administrator.Plan administrator – The person who is identified in the plan document as having responsibility for running the plan.Plan trustee – Someone who has the exclusive authority and discretion to manage and control the plan assets.In the overwhelming majority of plans, it is the business owner and/or the business entity adopting the plan that fill these roles.Companies that provide 401k administrative services are more aptly called "third-party administrators."

A market like Boston has a long track record of appreciation in excess of inflation/cpi.  

I personally don't charge for small holes and touch-ups unless they are grossly excessive, but I would charge for removing the tape/adhesive.

What is your ARV in excess of your cost basis?