If you want to find out how much equity you have to see if that’s an option for you, connect with a real estate agent and ask for a professional equity assessment report (PEAR).Who knows, you may find out you have enough equity to buy your next place outright– and with today’s mortgage rates, not having to take out a home loan is pretty incredible.

Each individual needs to assess their own ability to handle costs over that time frame when cash flow may dry up.

I hope to hold as a LTR and believe in the area long-term.Some decisions will have to be made when this whole thing finally comes to fruition, especially regarding interest rates, insurance, assessments, etc, but hope to hold!

Shuk Rental Marketplace is the app.

Not sure how they could block a sale but I imagine they told him the central heating unit for the whole complex would soon need replacement so a special assessment would be upcoming.  

The coverage limits are as follows:$200k -> Dwelling Premises Liability -> $300,000 per occurrence Medical Payments $500 per person / $25,000 per occurrence Additional Living Costs And Fair Rental Value -> $19,000 Loss Assessment Coverage -> $1,000 Ordinance or Law -> $20,000 or 10% Water Damage Limitation -> 10% ($20,000) Deductibles All Other Perils -> $2,500 Limited Theft Coverage -> $2,500 Water Damage Deductible -> $5,000

Also assessment never picked up those multiple sales and the parcel was being taxed at 8 acres. 

This is a tool that is supposed to achieve a competitive advantage in the marketplace, which will allow you to outperform the competition.Thus, if you are OK with me being nice, I'll repeat myself and tell the newbie OP that I think your tool is fine to use and learn from.

Early repayment will mean a 2% fee being assessed. 

From there you assess if month to month cash flow deficit is okay, that's really such a small detail of it.