In terms of refinancing, would it be better to remodel the basement to turn into an additional living area or a garage? 

I'm "up" on my gold in terms of what I paid vs. what it's worth but that wasn't even the point of buying it. 

In that size range right now good deals are very hard to come by and I can think of very very few that will take a non-acred because it increases the risk by a lot in terms of compliance etc. unless they really do know you well.The metrics given really don't mean much I can make any old thing go to 16% IRR, the important thing are the items behind it.

However, if you are just starting out, you will have to rely on yourself more to do the legwork in terms of lead generation.

In terms of funding the rest of the funding needed to purchase the multi, would it be suggested to go to a bank for a loan for the rest?

Understanding what will work in terms of profitability and what will not has given me the confidence to "pull the trigger".

It strikes me that discovering whether a property is in a natural hazard zone might be a task which is both:   a) time-consuming to do manually for each of the agent's listed properties, and   b) super-important for the agent to perform correctly, from a liability standpoint.I'd love the opinions of any real estate agents in this forum on this topic:  1) How much time do you spend on these disclosures for a single transaction, in terms of both due diligence/research/looking up records and also filling out the required disclosure forms? 

How big a problem would it be if they did so, in terms of financial impact / wasted time / etc.?

Based on the above, it seems like the inspection process is both time-consuming to do manually for each of the agent's listed properties, and super-important for the agent to perform correctly from a liability standpoint:a) If the agent marks "NO" (as in the property does not fall within any of the listed hazard zones) when a "YES" would be more appropriate, the transaction could be cancelled by the buyer due to mis-representation of the property.b) If the agent marks "YES" when a "NO" may be more appropriate, the buyer may be needlessly scared away and the deal could collapse for no reason.I'd love the opinions of any real estate agents in this forum on this topic: 1) How much time do you spend on these disclosures for a single transaction, in terms of both due diligence/research/looking up records and also filling out the required disclosure forms?

Looking for help on making the right call in terms of fairness to these people, while at the same time getting the unit filled quickly.