Weigh the refinance cost Vs the additional amount that you can cash out so that you can decide if it is worth proceeding or not...Also do note the change in the monthly payment with this new loan...

You would just let them initiate the court proceedings?  

Hello @Gina Jackson - I too made excuses for a full decade before I made up my mind to proceed with REI, and things have been great and moved quickly since then.

Bremner.Have you had problems getting the student housing insured?

I asked a title company this same question and they said I could somehow clear the cloud on the title and then buy an insurance for it.

Insurance is $50/mo and the taxes are $60/mo.  

Do these number Monthly Gross Rents $ 4200Monthly Expenses  Vacancy       $ 336 (8%);  (including here since 50% rule includes vacancy as part of expense)  Prop Mgmt   $420 (10% of gross rents)  Insurance     $208 ($2500 yearly; quoted by insurance agent)  Prop Taxes   $680 (2.9%/year of assessed value; actuals; eats up 15% of gross rents)  HOA fees      $330   Maint Reserves:   $420 (10% of gross rents)  Maint/Repairs       $84 (5% of gross rents)Total Expenses : $2478 (59% of gross rents)  NOI:   $1722  Mortgage: $1215 (25% down @ 5% interest)Approx Cash Flow: $507/month (about $125/unit)Cash-on-Cash: 7.2% (Assumes 25% down + 3% closing costs as initial cash requirement)Thanks,Jacob  

I'm not an expert but do have firsthand knowledge about asset protection, insurance agents, contractors, etc.

Title companies are in the business of issuing insurance, providing settlement services & acting as an escrowee in certain circumstances. 

Also you bring up a great point, post it in the housing section in sure you will get a response quickly.