I don't really know why, but I think this post just affirmed my desire to buy cashflow over "potential" appreciation.

His hair is short and neat and he looks very professional.

It is affirmation that I'm taking steps in the right direction.

Plus charging them monthly means they have less incentive to be long term renters there.I've had 3 tenants with pets move out so far- the two with cats meant additional cleaning/ disinfecting where the litter boxes were and I vacuumed up a lot of hair from the corners and off the walls.  

Therefore, if there is any question a third party, in this case a COA, might claim an interest in the property, the commitment should require a confirmation the COA does not have an interest, probably either by a release signed by the COA or a declaratory judgment action where a court affirms the lack of interest. 

I'm just pulling my hair out here.

Example on my local MLS: a hair salon with apartments, total of 3 units.

A buddy of mine had one and had to deal with middle of the night calls to take care of leaky faucets and hair clogs in the midst of a dozen sorority girls in various night wear (not joking).

Changing anything takes time in reality.Considering opportunity costs should only be something you look at in making a loan, what else can you do with that money.....after the selection is made, you're splitting the hair on a fly's back just a waste of time as there is nothing you can do after it's made.I'd just select a rate and leave it alone, let it ride, might consider a 15 year amortization.

He said to me, "Son," (I didn't have gray hair back then) "Let's do this deal the way it is and move on to the next one.