During this period your attorney can cancel the contract for whatever reason as long as it is NOT based on purchase price. 3.

This is not $120/ft material, which is how this is priced based on the $3,500 that was purportedly spent.

This should be your own conclusions based on your underwriting, not someone else’s. 

I have over 40% equity based on loan amount of $200K and general market value of the property at $400K (unsure what assessed value would be).I'm thinking I'm a candidate for PMI removal.

The tax treatment of your land sales would typically be determined based on when each parcel was sold and whether they were held for investment or business purposes.

Appreciation is based on the $1M, not the $200K. 

The truth is, it’s based on a multitude of factors and ultimately comes down to what makes sense to you.

@Josh Mac are they wifi or cell phone based? 

Do you have every potential renter complete this or only select one renter based off the pre-screening process?

And again, this is my market and area of town, but tenants like the character of the older home with the tall base boards, hardwood floors, arched doorways between rooms, etc.