I was pretty much assured to test the waters at the Real Estate related companies plugging new graduates into cubes in the early 2000’s.

Though I wear a t shirt with machine guns on it daily (my other business), I assured her I was a professional investor, that I honored my word, and that I was offering her a solution to her problem and would help resolve all the stress surrounding the house and her divorce.

So where I am still confused is this: If you are renting a property that doesn't have a move-in date until a month later, how is the tenant ever assured that they won't be ripped off by handing over the deposit in the meantime??

Given these disclosures directly in the ICX listing, I would guess a) the property has been on the market for some time {and will continue to be on the market for more time} and b) someone else has looked at the property and, based on their findings, the Vendor had to disclose the non-permitted renovations.In analysing this property, I would do the following:1) until there is a written assurance from the City that the current operating licence can be amended to reflect the actual use of the property, I would evaluate the property with the revenue from only the 8 licensed units.2) get in writing from the City inspectors what work-orders are outstanding on the property and/or what work they will require to be completed when the property changes hands;3) find out how many days the property has been on the market and how much interest there has been  to-date.  

I am also the unit's Information Assurance Security Officer (see: computer guy) and Audio Engineer (see: sound guy).

I know what quarks they have, what aspects they press on, and they know me, my work, and i get an easier time because they have that assurance, not to mention getting any kind of variance passed.

In a market with (a) very positive population growth and (b) relatively restrictive development patterns, volatility drops as investors are more assured of future growth, and cap rates fall.http://rady.ucsd.edu/faculty/directory/valkanov/pu...When we eliminate (a), the population growth, volatility rises sharply and cap rates rise precipitously, depending on economic conditions.

I've explained this to them very politely and have assured them that my only aim is to assist them to find a replacement tenant before I leave.

You will obviously still be responsible for assuring that the investment meets all of your criteria.You would need to analyze the spread between the cost of your line of credit, and the projected return of the proposed investment.

@Jennifer PapafioAs an accountant - do you practice in Tax, Assurance or general accounting tasks?