Note we understand that Gladstone has an registration and inspection, so does Independence and we learned today that Grandview has had one since 2009 that they have not enforced and they are having a meeting to improve it, and to create HUGE fines to enforce it.

You need boots on the ground to drive by a property and see if the street and block is ready for improvement.

The biggest advantage in paying these off will be improving your debt to income ratio. 

I was researching how to calculate depreciation on my first duplex that I bought and I was browsing through the county assessor website and noticed that my land value is $250k and the improvement value is $28k.

First of all great work and much respect trying to improve yourself.

You then use the money to pay for commercial attorney fees for lease termination and settlement, tenant leasing broker fees to find new tenant, lost downtime rent until released and occupied by new tenant, commercial attorney new tenant lease negotiations, and any tenant improvements credit tenant is seeking.You also need to check the rent history of the property for businesses for environmental issues.If this tenant is paying close to market rent and weak net worth then that can be very high risk.No legal advice given. 

I look at the HOA as a big brother who generally want to improve the condo complex and are thankful to see someone improving the units.

You won’t find the perfect team on the first one but you’ll get started and you’ll refine and improve as you go.

Keep this number in mind so that you don't over improve your property for the area.

Making specific offers of assistance will greatly improve your chances of someone saying yes.Best of luck as you start your real estate journey.