PHX has a hillside ordinance that's not that easy to navigate, so you may lose SF due to excessive slopes or what the ordinance dictates.I'd suggest doing a bit more research - can you get a survey of either property? 

You increase their energy bill by having to run the pump excessively.

Umbrella policies only kick in to cover any excess of what your initial insurance coverage doesn’t cover.

Fico Scores can drop fast when a person starts to open and take out multiple LOC's and mortgages which is considered "Excessive tradelines" based on your DTI.Helocs are great for quick renovations or repairs and should be used and paid off or down quickly.

You’re looking at turning a $500k gain from tax free to a tax bill in excess of $125k.

(A) Any security deposit in excess of fifty dollars or one month's periodic rent, whichever is greater, shall bear interest on the excess at the rate of five per cent per annum if the tenant remains in possession of the premises for six months or more, and shall be computed and paid annually by the landlord to the tenant."

Following Mark's program, I replaced my executive income in 17 months and 3 days.In 2015, I completed 68 sales, in 2016, we have already completed 160+ deals and over the summer we closed on a $800,000 bulk deal worth in excess of $3,200,000. 

The irony in most cases is those who spend excessively for complexed entity structures can't even articulate what they are protecting against and operate the underlying businesses recklessly (improper insurance, inadequate or no contracts etc.) and end up in trouble anyway.

please do note fannie mae doesn't allow excess rent income more than DSCR 1.0 for primary house so you can't offset excess income for next primary or to reduce DTI so if you can plan it ahead carefully this could be the most profitable approach with the least risk possible. 

Explain that while you understand kids need to play, the scooter riding inside the apartment is causing excessive noise and could potentially damage the floors.