Add in all the cash purchases, all the 15-year refinances at all-time low rates (resulting in much faster build-up of equity), and the tighter lending standards, and I don't see a high danger of a bubble.Also, the most recent housing crash is still fresh in most people's minds, and it will take a long time for that fear of another crash to give way to more balanced perspective.

I have people encouraging both sides and thought I would reach out to the professionals.inherited property is always better to be sold and immediately re-invested with fresh mind, it's always good to start over.

This will allow me to update the space, get market rent, and restart on a fresh note. 

If someone came in with a fresh mindset, new ideas and had a lower price point (much lower than mine) they could make this property work.  

Yup as long as there are vouchers for them.. and or you could raid other landlords who don't do as nice a job as you.. we see that in the deep south all the time.. voucher holders moving yearly from one fresh rehab to the other.  

One retained unit would also include a small apt if allowed, but not required.As my full time position is related to building/envelopes/structures, the construction of the project does not overwhelm me, however I am very fresh to the idea of dealing with leasing, financing, and managing as well as ensuring that there is actually a market for such spaces. 

We've been running the numbers but thought we'd share with this community to get a fresh perspective and hopefully hear a few angles we haven't thought of.3,500 Sq Ft Home. 4 Beds, 3 Baths.

Eric MauricioIt would be quicker to say what we didn't get from BP :)First heard about BP when we were freshly out of a 3 days guru seminar and wondering if it was worth the $30k (by increasing credit card limit and all the good stuff).

The city recommends to also let you water run for a couple minutes if you have not used it in a long time, so you basically draw fresh water from the water main line under the street.The cost to replace a water service line is about $3-5k for the homeowner.

I always leave a snack pack with microwave popcorn and a few chocolates, a few pieces of fresh fruit, some instant oatmeal, coffee, tea and cream.