Be very careful as a remote transaction raises a lot of red flags.ThxChris

-The other says that it increases the appeal of the condo for someone who wants to live in it because they are not going to have a lot of turnover (i.e. consistent neighbors, other people who care about the community).Ultimately I think the limit hurts property values, but I am sure there are factors I'm not privy to.

One month is a pretty fast turnabout on that much of an increase, unless we're talking $2k-$2300.

But be careful if the lender will approve; another note the rate lock on the commercial may be shorter as well as the amort schedule.  

It's necessary to read the links I provide carefully.  

I would be very careful if that's where you are getting your ARV from.

That would be more of an appreciation play.

I would definitely submit a complete offer package with dates, terms, numbers, copy of an earnest money check, proof of funds, or pre approval.

I am in need of an experienced contractor/project manager in Milan Michigan.

Both are negotiable.That said, having the renter be responsible to take care of leaks is a risky proposition.