I'm familiar with lead in old houses as my daughter was diagnosed with high lead levels in the 1990s.  

I think this will also push me a bit more towards fixed rate debt (as @Brent Coombs suggested), although it's just hard to make that trade-off well given the levels, a 7/1 ARM saves a couple hundred bucks a month vs 30 fixed, which would go a long way to either paying down the principle or compounding that cash flow into additional properties...Thanks folks

Now it is probably back up to the 2005 value and more but if landlord's recession level rents couldn't keep up with costs you could be in trouble.

But it's a MF commercial property right now and that's the only way a bank is going to look at it, and on that level it's probably worth about $250K less than he's asking.

There may be a level (under one hundred bucks, for example) where you do not want to be bothered.  

If the property is only operating at 60%, then I would base my offer on that current operational level and not the "potential" of 100% Occupancy. 

I recommend you join the local Real Estate Investors Associations (REIA) to be around like-minded individuals.What I have seen over the years, since 2006, is that we can tell the success level of new investors by how often they show up.

The most fulfilling aspect was having developed a product that had a high level of functionality, fidelity, and luxury.

Some have postulated that with the renminbi being devalued and the Chinese stock market 'crashing' (only back to Feb 2015 levels) that foreign investment from China would slow down but anecdotally at least we haven't heard that from our Chinese clients.

For this reason, a professional will take air samples outside of the residence, as well as inside, to establish that the mold level inside is elevated.2.