I would try to avoid it on your very first deal but plan your exit right with multiple options.

I plan to live there while I renovate, then pull out my investment upon refinancing.

I plan to live in in while I renovate it, then pull out my original investment (and maybe a bit more) upon refinancing.

We feel very confident in our underwriting, but given the jump that we made from SFH to an apartment building, we want to ensure we're not missing steps in our DD/inspection plan.Here's our current plan:1) Have a general inspector complete a Property Condition Assessment.2) Have specialists complete an evaluation of the roof, electrical, foundation, and heat source (2 steam boilers).3) Review financials, all leases, existing service contracts, rent roll, tax assessment, rental certificate, and 12 months of work orders.Here's what I'm not sure about:1) Are there DD items (specifically those that we would request from the seller) that are not captured within #3 above that we should be requesting?

Take care.

What are their specific plans to get to their 90%?  

Do ya'll still give them the 30 days notice,  plan to give back full deposit, etc. etc. if they are caught up on rent?  

Only poor planning.

--Why wouldn't you use something better than this shotgun approach to find a great PMC to take care of your clients?

Now the last tree I had removed was 5 years ago and the arborist took it to a friends house that has a mill where he was planning on milling the tree into oak flooring for a house he was building.My question is should I bother trying to get some value out of this tree one way or another?