(in essence she is borrowing excess funds to help make the payments) $8,312.50 x 36 months = $299,250 allocated to MAKE the payments on the $1,425,000 Note obligation.

Do make sure that you are over-insured if anything, and as Chris suggests, don't do dumb things with the property.....no loose handrails, broken steps, etc.

Rents will gradually increase as some landlords exit the market with high end condos seeing less rent increases due to excess supply from new construction.  

Any sense of FF loosing popularity?

but the same thing will happen, if you do a HELOC you will get even higher rates and if you do a CASH OUT you loose that great interest rate you have on it now.

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

The holes in the boards were there to hold the plaster (because they did not have spackle yet and still had to plaster), just like the wood lathe would. you can repair the cracks just like you would in drywall, i would recommend cleaning out all loose plaster, using a mesh tape and for the first coat some 45 minute easy sand, this product will dry fast and ready for you to put another coat of it or spackle on it, but you may want to solve why you got the cracks in the first place before repairing, usually something needs re supporting. the wire mesh you talk of in the corners can be cut with a sawzall or you can use a drywall hammer and chop it out at the corner ( if your aim is good ) this can be removed and easily patched then with the drywall, just make sure to wear gloves and safety glasses when doing so.

I imagine that as a result they will pay more attention about my needs and hence care about not loosing big accounts.

I just use the very basic features of uploading a list of addresses, paying for skip tracing, around 10cent ea, and created an 8 mo, 8x, touch campaign and just turn it loose and never touch it again. 

Am I being too extreme or is this normal for a land lord to evict a tenant solely based on excessively late rent3.