Sorry Clay but I have said from the beginning that you can't just bully Holton-Wise into suppressing information from the public.

By putting all of your income toward your mortgage (even temporarily) you are suppressing your average daily balance, which lowers the amount of interest you pay.

:)  Less people are looking right now so they seem to be popping up more and more :) I also use a somewhat different analysis model to determine how suppressed NOI might be from subpar PM performance or exorbitant PM cost structure(s).Let's chat more if you're interested, I'm always eager to meet more people in this space.

Florida has high insurance rates so that suppresses your cash flow in Jacksonville and Orlando.

Fire suppression alone can add $5-$10/SF.

Will you have to retrofit or update your fire suppression system if you build the new addition?

Transferring to an LLC is not seen as estate planning or an inheritance event.I suppose for the sake of the mention, we did just hear rates will not be suppressed by the Fed.  

You missed what is really happening that is working to suppress affordable housing and is contributing to the demand for affordable housing.  

Economics would tell you that the rising of interest rates would suppress prices.

Also take into consideration that because this is a non-liveable REO (in it's current state) you would likely need to bring it up to code in regards to fire escapes, fire suppression systems, fire rated door$, etc. $$$$ It's my understanding that if the property is currently being lived in, then it is "grandfathered in".