And last point - the only concern that I have with refi'ing is that in MD (specifically Baltimore) we have to pay transfer and redecoration tax on re-fis to the tune of 2.5% for investment property.

It's clear you don't understand the scope of the undertaking.

No matter what advice is given remember that not everyone will succeed as in any other undertaking.

The market here is under the control of the hedge funds who are happy to buy for a 4% cap after redecoration and since they've got here we have retail prices rocketing.

The profits however may justify such undertakings though.

It was our first real deal and a mammoth undertaking.

Localities participating in the flood insurance program undertake mitigation efforts in order to reduce flood risk, and there is a good bit of conflict between local governments and FEMA over just how effective that mitigation has been.

I was more than okay with this as I figured it would be very helpful to have someone like this help me formulate a detailed scope of work for a GC to undertake the project.

Here, if you were to undertake a significant renovation (e.g. rewiring, re-plumbing), you would be required to properly fire-separate the units.  

The geometra will also undertake local land registry and planning searches to ensure that the property conforms to local planning and building regulations.The signing of the final contract or “rogito” takes place in the presence of the public notary who witnesses the transfer of titile and collects the taxes that are due on the transaction.