WACC will be the weighted average of all the capial you can get your hands on to grow your company quickly and efficiently. :)

My understanding was that it's not so much the paint but the many friction points in old windows, so that even if there's not much paint, the simple fact that there is lead dust inside the windows (where the old weights and pulleys are) means that the up-and-down friction causes the lead dust to get released - and this is regardless of how the trim is painted.The only time it wouldn't make sense to just go vinyl with the windows, in my mind, is if there is some major aesthetic reason not to, or it's a historic house and you can't because of historic property rules (which, of course, add a lot to renovation costs besides just keeping old windows).And yes I really like our local REIA because it doesn't try to sell you things.

Good ones are far and few between, but a good one can be worth their weight in gold. 

@George Adams  you would be a great borrower for any lender .. i would break out lender vetting process for commercial deals as below 1) Borrower's credit worthiness - Check for you2) Borrower's over all cash flow out side subject property to cover notes if needed3) Cash flow and projection for subject property (heaviest weight) 4) Willingness for lender to loan into property category (i.e. some lender will not lend for multi families etc) Once you find a lender who is loaning for you target property then you should be golden.

If your intention is to only live there for a year or two, I would definitely put more weight on this calculation to make sure it makes sense as an investment.Hopefully you find this helpful. 

Just a side note here about low credit: seniors who don't charge up cards or have no installment plans, young people fresh out of college, and undocumented workers all have low credit scores but may make great tenants.As others mentioned above, income and rental history is what you put the most weight on.

They are worth their weight in gold, and will only charge at the end.

The appraisal proposed weighted blended rent was within $3 from our underwriting, so basically the same.

I am very well versed in the "Moral outrage and righteous indignation" arguments and know full well they carry zero weight in a court of law. 

More importantly is to ask these questions of a former landlord and put more weight on that than the current landlord.