That works a little differently for a condo, but all those same expenses occur and go into the HOA fees and special assessments.

I would guess you are closer to 10,000 minus taxes on the income if any - still not bad, and if you get out of the property soon enough, you won't have to replace the roof or any other soon to occur major expense.Keep us informed on how it unfolds.

Link: http://en.wikipedia.org/wiki/Mortgage_fraudPertinent excerpt:Occupancy fraud: This occurs where the borrower wishes to obtain a mortgage to acquire an investment property, but states on the loan application that the borrower will occupy the property as the primary residence or as a second home.

All 5 of those reasons from J Scott are valid and can occur at times.

In my high end markets, due to the large fluctuation that can occur in exit values, my target number is adjusted again back down to 70% and below.

So stripped aluminum conductors will often be coated with a gel to prevent this exposure to air.The other risk with aluminum occurs due to dis-similar metals; connections with copper or brass make for this situation.A good link to read up on this:http://www.alwirerepair.com/whats_the_problem.htm

They are very responsive and helpful to correct a bill if those things occur and you get a login to check all the calls. if that happens, all yo have to do is call the number back and get their information.

I'm still insured in case significant damage occurs.

You can't realize a gain until said gain occurs so what is the point of net worth outside of just talking point?

Even if the foundation company warrantees their work, it will not change the damage to the finsishes which will occur from the movement.