Was that a benefit to the seller, a benefit that is easily determined in dollars?

Not only do you need to determine how much it will cost to furnish, but also how long it will take you to recoup the expenditure.

this is what you will have with a condo or townhome association....If they decide they want to replace roof, be prepared to pay whether it needs it needs it or not...this is just an exaggeration but i like the flexibility of making my own decisions as to what needs repair and what doesn't and determining which contractor I want to use.Again, just my 2 cents.Again, best of luck!

During my career, I've had the opportunity to start-up & run two successful internet based companies and am a former futures trader.

We also have the option in our lease, but I have not had a chance to make this determination yet as I am in the first year of owning rentals.

You can probably verify by looking at past sales and seeing what lots that went to sale sold for then determine your best course of action.

The student loans are probably not too punitive on your borrowing capacity since the minimum payments are pretty modest typically, and the rates aren't too bad.You're going to determine if you can conceivably invest on Long Island and make any money.

Thanks @Wayne Brooks I wasn't quite sure if the numbers were right.So when people add the principal in to the equation that helps determine what their total return is. 

I would never select an attorney off the internet or from a TV commercial. :)

I use that along with a cash on cash return to determine what my true investment yield is.