LOLI will be there speaking at the REIA event in March, and the Arnold classics.

Continue to march on and I look forward to seeing you in the Top 30 under 30!

All else being equal, I'd much rather rent to Eddie than Tony (he meets income requirements and I know he's been at his job for at least 16years), but I don't like that he moved in unannounced.I'd welcome advice on how to handle this either way, but my first inclination is to get applications from the two new tenants and let them fulfill the last four months of the lease and re-evaluate with them in early March.  

@Jay HinrichsSo I called the bank and they said there is $3500 in escrow account and taxes are due to be paid in March, which is right after we would close on the refinance.

I would suggest that you put the scope of repairs in a letter and hope to send it up the chain so the next time they take a look at this, they know they are out of the market.Two points; 1) banks work on a quarterly basis, so the next time the bank will feel any "rush" to sell is late March when they can put it on the books as a Q1 deal.

Prices in Fresno for all but the most undesirable neighborhoods are getting too high to cash flow for sfr's but there are still  smaller apartment complexes in B and C neighborhoods  that may work for you. 

I'm have that dilemma of whether I want to drop it now and try to get it rented for February or try to rent for a higher amount in March.

Sellers usually try to do the 35% to 45% crap with expense estimates and if they just lipsticked the property that might be true for a short period of time but not while you own it and the band aid wears off.

We classify this deal as "Asset B" and classify the first property as "Asset A".

What happened the last time the NOVA market pushed buyers out to Winchester is that the rubber band snapped when the market went down and they all went back.