With some of the CapEx issues/concerns that came up during the inspection/prep work for construction, we delayed some of the work when we should have just addressed them all ahead of time.

Obviously, this is a speculative question and nobody has a crystal ball on this issue, however, I think close consideration of the fundamentals are important in making a decision about this.

I think this makes everything cleaner for taxes, documenting historic rental payments, and legal issues that may arise due to the barter, etc.  

Good luckThank you Dan for the detailed response. on 1, This seems to be an systematic issue because when additional living space is introduced that should result into increase in value.

State - it depends, you can have real estate transfer tax issues / re assessment issues. 

Our MTR does and we run the risk of Measure 1 issues, someday.

Well worth the cost.Plus he can defend us in there ever is an issue.

Working with tenants when they run into issues, treating them with respect, these actions are your first line of protection.

You want to get this process started right away because many times there will be title issues that will need to be cleared up that could take time.

That is not enough to have a great impact on the issues facing real estate investors at this time.