I predict this bill will increase homelessness in Rochester NY or will force people to move outside of the city to find housing.

You certainly wouldn’t just give them back $1,000, much less $1,000 and a tax bill. 

Bill Gates for example, is now the #1 land/Ag owner up here in my neck of the woods.

If you increase your sales volume in a business, client base in a profession, or assets in an investment program, you pass through a point where you’re doing more work, have greater Billings, more assets, but MAKING LESS MONEY.  

Investors want a premium on mortgages over the saver treasury bill, historically about 1.7%, but currently more like 2.5% which gets us back over 7% for 30y fixed.I would not be totally surprised if we see 8% in Q1.

It's almost a rounding error. 

Is there a funky property tax issue that arises with the collateral that is a local municipality error and can lender quickly analyze the situation, assess and articulate the risk and allow draws to carry on or will they make the life of the borrower miserable?

@Bill Hampton Thank you!

@Damon AlbersSounds like these properties are in a class c area and your manager is not doing a good job vetting themBut this is not out of ordinary for c class rentals which is why people look at cash flow and be like wow but one $5000 bill can wipe out 4-6 months of rental income and properties never make money and rarely appreciateThis is why we do not do lower class rentals as stated cash flow vs reality are typically not close

Make sure to have your bills at different address and having that unit you lived In,  leased out.