As time goes on I find a few more things that need to be done such as the ductless AC, Walkway to front steps (It's just grass right now), front brick steps are usable but I wonder if they could be considered a safety issue.I don't know, maybe I'm just over thinking this. 

5/1 ARM What was the outcome?

5/1 ARM What was the outcome?

Hello BP--I own a SFH rental property valued at $800K with a mortgage of $277K on a 1-yr ARM currently at 5.125% amortized over 25 years with a $3600/month gross rent.  

this is per unit. 20k raw lot purchase price20k  for mobile home5k to move and install6k  for rock road9k  for utls10k  cost of capital 2k   closing costs.5k  misc77ki total all in  round up to 80 or 90k each for safety and fudge factorsell for 150 to 180 each.. 

Do your inspections normally turn up a seemingly huge laundry list of issues - big, small, cosmetic, safety hazards, etc.?

Section 8 will be inspecting your property but don’t let that deter you either because it’s usually general safety that their  big thing mostly and not difficult to pass 

Would you say appreciation is almost the opposite of safety buffer?

@Chris KennedyI raised the question due to the usage of "adjustable-rate mortgage" (ARM) which is common in the U.S.A. but more frequently referred to as "variable rate" here.  

I haven’t run into a tenant I haven’t offered a renewal to, but it’s a good safety blanket in case.