But, what you're looking for shouldn't be impossible to find.

It's nearly impossible to place a single rule to fit everything since there are so many variables and rules change depending on markets.

And then in future getting any new policy will be next to impossible because there was a claim by/against me?

Kinda seems like no matter how I do it I am gonna get reamed when I go to refinance or sell.I have also been doing a lot of research about finding funding for other properties which seems to be impossible.

I would love to lower that but it's not realistic without kicking a tenant out which is near impossible here :( Although my income tax burden wouldn't be much if any - I am buying this property using downpayment money from my father's estate (he left me a bit of $) so I can claim the income (vs my husband) and since I'm not working, I won't pay much income tax if any on the income.Thank you everyone, I really appreciate your feedback and hope you post any other thoughts you have, good or bad!

If it's just you by yourself and you aren't as much on the "in", it could be nearly impossible.

In some places it's nearly impossible to CF, but other cities 5 mins away may have much lower taxes.

While his figures may be off some it's not impossible to get an extremely high CAP.

It's not impossible, but you need to get to the bottom of your average daily rates and properly add those into your model with the occupancy.

Ok finally I can do this post I wanted to tackle it before but i ran into some issues with getting the floor together.Ok so you have a floor that is relatively in good condition but there are a couple of boards that are damaged beyond repairWhat could cause such a thing.heavy machinery being dragged across the floor. fire damage.water damage. chemical spillIf you don't have the time or the money to redo the entire floor but it is just a few boards that are out of whack there is a way to tackle this job without a lot of effort and time. you dont have to do the whole floor. most people will tell you it is impossible to match stain and this is true it is really really difficult but there is a trick that you can do. it is called monochromatic color effect ( i just made that name up but it works )you will need a fine cutting tool like a multi-maxa brush or a rag and three or four colors of stainyou will use the multi-max tool to cut along the seams where the boards meet each othercut down into the seam cutting loose the tongue of the adjacent boardstake your time. if you are cutting a length of board and stopping before the board is finished. then make sure you stagger your lines so that you get the staggered look floors are meant to have.you will need to find wood that is of the same size..