SummaryProperty took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have DoneDon’t create your own comps when evaluating – pay attention to specific neighborhood not 1 mile radius.

For instance, in Lansing, MI, the Sparrow Hospital just finished building a multimillion dollar Cancer Center (and, if not a hospital improvement then perhaps a new University building).So, think about similar buildings being planned by major players in the City's and County's stronger economic sectors, and ask yourself "if I'd been aware of it ahead of time, might I have been able to score a few cheap houses or strip malls and been able to flip them to the new, highly-paid employees of the Center or to businesses trying to sell to those consumers?"

But I wouldn't use a sprayer in a rehab, because it would take too much time taping and covering everything so the paint wouldn't ruin everything. 

This is a tough situation because you don't want to ruin a good relationship over something that is neither you nor the tenant's fault.

We are a pretty tight knit set of neighbors (6 of us) and I feel like I'd be ruining the neighbor hood.Suggestions?

Renters ruin things no matter how good you screen them.

Truthfully, there are some things wrong with the state such and its mostly politics(how the government is ruining things).

This will ruin the friendship. 

Then I'm screwed and possibly ruined)

I am the newest of the new to this sort of thing and what protocols to adhere to so that I don't ruin my rep before I even really have one.