But the trade off is perfect. 

The fact that you're able to save some of the existing structure makes perfect sense and explains the numbers.Keep us updated!

I currently work and have worked construction for the past ten doing tile, perfect granite countertops and other masonry like brick, and natural stone. 

Perfect answer Mark.

Utilities are $70 every two months and water, charge it to the tenants because if it isn't metered today it will be very soon.  20% down is good for the first four mortgages you have.This is a perfect question to bring up at the Sacramento Meet Up on Thursday. 

But does not matter so many do it that unless they are turned in  ( and the states could not keep up with all this activity) it will continue unabated.Remember every guru and BP person touts this as perfectly legal.. very few take the position that RE professional take...

agree with rick on this one  Adverse possession has 4 or 5 affirmative claims to perfect and simply using the pond in the past for fishing is not enough.Depending on the state the water rights are usually owned by the state and need to be perfected as well..

I bought a townhouse in a booming area and has perfect location.

Receiving the original note and mortgage will give you priority over other claims regardless of priority of perfection of those assignments.  

This is a perfect place to learn and start investing in real estate.