Have you carefully considered the exciting possibilities of index fund investing for your money?

She had also given us a reference letter just a month before leaving and we have our previous landorlds reference letter too stating we take great care of the house.

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Because, as you might imagine, a tenant turnover will cost considerably more than $225, but as @Thomas S. mentioned, the actual insulation bill for an attic will be considerably more than $225.Go to www.homewyse.com (I love this website by the way), select "Installation", then, "insulate attic" and see that their rough estimate range is from $1.59 to $3.08 psf (labor and materials), but then it depends on whether they are insulation batts, or blown in type insulation.In any case, if the existing attic insulation is inadequate, then maybe this "upgrade" might be warranted, regardless of how long the tenant has been there. 

Many people will have different reasons for buying or Not buying a condo as an investment property, my reason is I have a day job that I won't be leaving so this allows me to invest in RE without having to deal with the complexities of Single family properties, the HOA takes care of all the exterior issues, I cover the interior issues. 

Vet your prospective tenants more carefully!

She has cancelled twice her showings with the foster care system to get approval for kids to move in. 

I also have a lender in the 7%-9%-range for commercial properties where they don't look at income or taxes and frankly don't care about the cash-flow if the loan amount is under $500k.Some will have balloon payments, others won't.

It was in a good area and that’s what I cared about most initially.

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