You will want to know that before you close, as that could both kill the refinance into residential 30 year fixed AND significantly harm resale value.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I want our next investment to be a duplex/triplex in downtown Sarnia.My reasoning for Sarnia: The downtown core is growing, the new brewery is receiving a lot of attention, the college is expanding (two new buildings), the research park is at capacity, they are transitioning from the chemical valley to a bio-industry cluster, which has already attracted two new plants, and the area is anticipating the announcement of a major plant expansion (that I have a good authority is happening), and taxes are some of the lowest in the province.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

What is the harm in doing #1 AND partial #2?

No characters were harmed in my breakdown. 

(figuratively speaking) Do not let her get away with harming you financially as a landlord. 

I think there are a lot of people that will still want to live in cities, but may start to opt for lower cost and slightly less dense ones.I'm not sure it will be a high enough percent to really harm the larger cities, but it should be enough to actually help out some of the lower cost cities and suburbs.

Otherwise, the next part may break and you'll need another repair.Also, one tip--make sure you or the tenants do not use any of the bleach or chemical tank drop ins as these cause the seals to wear out/corrode prematurely and fail or leak.Best of Luck...

When members of that society exceeds those limits and harms that society, they come up against some of the institutions that work to bring them back to within those limits or expel them completely.I don't agree with all the precepts and treatments of the Alcoholics Anonymous program, but there is a psychological concept of "rock bottom" in the program that I do think has a lot of value.