The DOS has a very clearly defined exposure level (loan balance + new closing costs).

I think looking at our properties collectively, at the portfolio level (even if you only have a few doors), is going to be important going forward. 

As such, this is not an area we have delved into at the level of detail required to answer the question at hand.  

They can use a little more common sense in these types of situations (your education level, your track record, your income, etc) and lend on that basis.

With that being said I am willing to work with those who are honest and will help us all be successful to whatever level we each desire.Looking into the future I will be attending REI meetings, as well as continuing to study to move this journey forward.

On the other hand, drain pipes only carry water when the water is turned on at the faucet level, so since the water wasn't being used the evidence you saw of a leak was dry. 

Typically 2nd floor tubs don't cause a ton of mold or rot damage because even if there are significant levels of moisture the drywall will allow the water to leak through and eventually cave in rather than holding it in.

My REFI of Hold properties take place at the end of a series of flips repeating the use of the same initial cash from the first flip to generate a series of flips that multiply the number of simultaneous flips you are able to do by using the profits from the original line flips and subsequent added flips to generate those simultaneous flips, and each repeated set of simultaneous flips will generate a new horizontal line of Holds starting with the first one, generated from that level of simultaneous flips, and expanded through the use of....you guessed it, REFI's.  

I mean, if you dig and soils on the level of the floor will support itself, then the caissons are much more smaller (if not totally out of the picture) because it needs to carry less load, but that means you will need to spend for the basement -- is it a selling price increase?

If that person fails, the project fails...that shouldn't be the case.To be honest, having worked in that field to the highest level, the failure of the PM speaks more to your systems than it does to their competence.