After subtracting loan balance and sellers fees, net for selling all would be $350K-850K (There is obviously a lot of uncertainty here, high value is based on a recent pitch from a realtor who specializes in investment property; low-range is based on skepticism of that).

If structured properly, between the assist and commission being the agent for myself, I would be paying the same or maybe even less to acquire the 300k property than I would the 100k property.

Accordingly, if you anticipate a large state balance due for tax year 2017 you may want to consider paying that by year end if you are not in alternative minimum tax to preserve your deduction.

The principal for the property currently sits at about $86,820, with an Escrow balance of about $850.This is obviously a very bad deal as it is; my question is what would be the best option to drop the mortgage every month in order to get a positive cash flow, either by refinancing the mortgage, or getting some other loan at a much lower monthly cost?

For example, I could refi for 104k then subtract the remaining loan balance (93k) leaving me with 11k?

Operating expenses if run properly should be about 35% of gross rents on a small building like that giving you roughly a 9% cap rate.

BUT, the positive would be:+ Catagory A neighborhood with stable renters+ Betting on property value will increase over 10+ yr given the neighborhood+ Turnkey rental, leases in place till 2018Would these positives balance out the lower CAP rate?

I think you have to find someone else - sounds like you are at a firm where the partner isn’t properly overseeing your account.

Today, I'm happy to report I have no mice, the gutter is not doing more harm till it can be properly repaired in the spring, the bathroom and kitchen were repaired for $140, new, qualified tenants are moving in on December 1st under an enforceable lease, and the rent was raised $25/mo.

If so, what is the proper way to ask for one?