As a matter of fact, I would probably speak with 3-4 mortgage brokers to get a good idea. 

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

I am hoping the office will allow us to look at the vacant units so I can get a good idea of how much is needed in repairs.  

I have 2 mortgage which is 50% of my W2 income (i donot feel its good idea to give exact figures in open forum).

Lot of fabulous new idea is spreading around in twitter these days , and it is pretty credible.

The idea is the west and east side will effectively create and upside down U around the North side of Winston Salem connecting it to the main veins that run east to west on either side of the city.

The renovation will convert a row single family home into 3 family home ( the layout is already there ):- the first flow will be 1 bed, 1 bath- the second floor will be 2b, 1bath- the basement.If those 3 rents, I can easily have $1800-$2000 in gross rent per month.So any creative financial idea I can propose to him?

Even if your lease isn't phrased this way, it would be a good idea to send the police report to the tenant and explain your position that it's a violation of the lease.

Sorry dawg I got no idea what you are trying to say.

I actually don't like the idea of paying off a property either though, I think one of the biggest reasons for investing in real estate instead of the stock market is that real estate is setup to use debt as leverage.