Extended the kitchen island and added a wine fridge.

Extended the kitchen island and added a wine fridge.

The CMA shows properties like it valued at 210K.The cons are I have not had a contractor in the property (plan on having that asap, multiple subs if needed and extending my inspection period), the inspector did not see unit 2 (3bd/2ba), but will come back and not charge to finish. 

Anything can happen: the market can shift, we can go into another extended lockout period, the property can be destroyed by a natural disaster or by vandalism, the list of contingencies is endless.

For example, if you look at building housing in Biche, you won't suffer from competition and can find buyers in all price ranges. 

I just suffered a major fire that my tenants caused.

Is this a building you see yourself owning for an extended period of time and/or if you were to sell the building will there be a satisfactory return on the heavy lift capex  investment that's necessary?

I have a tenant whose condo suffered a major roof leak, which caused internal dry wall and related damage.

@Robin Cornacchio  Theoretically you could but your ira doesn’t have any credit so nobody will likely extend credit to it. 

I plan on extending my wings far and wide in terms of location.