Paint Scentsations produces a pleasant subtle scent that lasts for approximately 3 months depending on environmental conditions..

Debt expense is roughly $2400 / month Annual Tax: $10,500 Insurance: $3,500 Heating expense (Nat Gas): roughly $4850 / year (One boiler for entire building & two water heaters) Estimate expenses at 5% of Gross Income Annual Rent Roll: 70k ACQUISITION COSTS: Lawyer: 1k Appraisal & Environmental: $2300 Tank Sweep, LLC Set up, Survey, Misc: $1500 Title Fees & Bank Attorney: $5K Bank Origination Fee, Gov Record Fees: $3k The property did come with one unit vacant which I filled this month.

Well, an oil tank would be an environmental issue, not a title issue (for the most part) - and the severity of the problem (and how much you actually need to worry about it) has a lot to do with how the property is zoned (commercial or residential) and what your state's environmental laws are (this all leads to an entirely different conversation from the one we're having about the title).

My full time job is as an environmental consultant dealing with indoor air quality in all types of buildings.

Travis WestCIEC (Certified Indoor Environmental Consultant; American Council for Accredited Certification)MAC0326 (Licensed Mold Assessment Consultant; Texas Department of State Health Services)

i don't want to get too political, but unfortunately, business is politics...my biggest complaint owning apartments was how the government would support tenants til death and shun the landlords...have had several code violations properties, where i fix everything, but tenants do the damage again, and we go back to environmental court with the code inspector..even when i have pics and proof, it's still an expensive pain lawyering up when the government provides free attorneys to tenants..i guess i don't have it as bad as others...in some states it takes months to evict, and in others if the tenants don't pay the city water bill, the government can lien your property...all this does is put more pressure on landlords and take responsibilty off of tenants..to me, that is a huge pain!

Our weak dollars are benefiting others.We have asked for this by voting for crooked poiliticians, having crazy environmental laws, having way too many lawyers to sue everyone, and catering to the union thugs that make outrageous demands.

This can include a $5k processing fee and the rest set aside for required third party expenses (appraisal, environmental, and property condition report) and legal fees.  

I own an environmental consulting, and we often help people with mold.

The environmental issues alone will swamp their economy within the next five to ten years.