$800 month for costs is not going to be accurate especially since the HOA fees are going to be floating at 23% of cost.  

(Likely resale value on this second duplex is $110)Downside: more financing = more exposure to risk (the loan is 20 yr, first 5 years fixed, then floating.) downside is less cash flow because more goes to debt service.

From my quick read, Coretec appears to be just another floating vinyl plank offering - many the major flooring manufacturers offer both residential and commercial vinyl planks.  

Get my drift?

After several visits the existing drain was found to be blocked and backing up tripping a float switch.

I pay private lenders 10-18% Installment contracts and notes funded by equity are not the same as cash funded loans Ned, many states have 10% on these types of loans, some float with a stated index. 

yes, synthetic wood floor can Be made from vinyl. http://m.costco.com/Drifted-Acacia-Power-Click-Flo.... 

I saw others who would lend 50% LTV at around 4.5% floating rate. 

Can you float the property if it's not?

Report is "scathing" as one agent put it, suggests only lasting way to go is floating foundation.