I'm asking because I know one property mentioned it "may" have a lien upon it, but the amount wasn't included in the total debt.The property is listed as:The Bank       Plaintiff,vs.Owners Name, Credit Union, department of motor vehicles       defendant(s). 

The owner says we will go to a notary and get the lease option contract motorized.

They cover the motor and washer drum, parts only.

We don't provide anything to a tenant that has blades or non-electric motors.

Enron, Lehman Brothers, WorldCom, General Motors, Citibank, Washington Mutual all went bankrupt, and the list goes on and on. 

The motor was off balance and the fan blade inside it was cracked.

The motor can be replaced, the circuit board can be replaced, etc..    

A long private drive leads up to a motor court and a stately Tudor Revival house with leaded glass mullion windows, imposing archways and high-pitched roof.

I've mitigated this by recently replacing capacitors in the outdoor AC unit as well as the blower motor and its capacitors inside the furnace.Correct me if I'm wrong but it seems like the price of this home may actually be an advantage in terms of capex because the cost of a given repair isn't as large of a percentage of the value of the property as whole.In other words if I have to spend $10k on a new furnace, it seems like I'd rather be putting it into a $500k house than a similarly sized $200k house somewhere else.Your point about my stagnant equity is exactly why I'm posting here.

I also have a homemade spray booth with the motor outside the airpath, but it's not technically a non-ferrous explosion proof.