I don't know any of the 'other' numbers so I can't speak about numbers but if you can answer those questions affirmatively then u may have a slight chance at a refi.

Thanks @Kevin Hunter - I think this helps to affirm my approach and road map for executing.

I think that these scumbag squatters should be dragged out of the house by their hair; flogged; and then thrown in jail!

My rent on the second unit is stabilized and just a hair above market rate, but justifiable.

James, Are you stuck in Lodi again or just headed back to San Francisco with flowers in your hair?

However, if the Seller is able to correct the problem through reasonable efforts, as the Seller determines, at its sole and absolute discretion, prior to the Expiration Date, including any written extensions, or if title insurance is available from a reputable title insurance company at regular rates containing affirmative coverage for the title objections, then the Agreement shall remain in full force and the Purchaser shall perform pursuant to the terms set in the Agreement.

So my suggestion is build as much funds as you can other wise you will be pulling your hair out trying to get deals started. best of luck

a family member of mine has an Airbnb property. they had their house cleaner come in after their last guest had left. a few days later, before the next guest came in the cleaner returned to the house because he thought he had left something behind. when he went inside he found that someone had been staying there. the bed had been used, there was beer in the fridge, dog hair on the couch. this got me thinking about how easy it is for someone to log on to Airbnb and look at a particular property to see if there is availability that day, then you could just walk up to the house, knowing it is vacant and try all the windows and doors to see if the last guest left anything unlocked. this seems like a pretty clever idea for a vagrant looking for a place to crash. has anybody ever had this happen to them?

This event can then create an affirmative defense for a borrower against foreclosure or can seriously affect the value of the mortgage in the secondary market under the same guise.

before splitting hairs on depreciation and tax benefits decide what your skills and your "why".and, unlike me, weigh downside risk as likely. things go wrong all the time. any wisdom I have now comes from big mistakes.That said, a group of mobile home parks in the same area makes sense.