The appraiser makes his adjustments for these things (except for the age), but they just don't adjust to market value.

I'm going to continue as Jerry said, simply adjust and adapt.

Since this is a property type unproven in your history so far, I do not think in today's climate you will find too many institutional non-recourse lenders.

If the rate on the loan adjusts annually, you can be pretty sure the rate will adjust up.

If they need a home warranty or closing cost assistance obviouslly those numbers will slightly adjust.

The way I see it, we have no control at all what the gov-mint does and as such, all I can do is adjust right along with the market.

Depending on the type of job they are doing I can take their numbers and adjust accordingly to ballpark a relevant figure.

For me, two major pros to multi-family that Chris F. missed are:- economies of scale- lending climate is easier (after 10 especially) in multi-family

We're working on getting our savings rebuilt in order to purchase a second "first" home, and *then* we'd like to start looking into investing elsewhere (perhaps back in Illinois, where we know more about the investing climate... and it's a lot cheaper!).

Standard and phillips screwdrivers, hammer, tape measure, utility knife, wire cutters, needle nose, vice grips, pliers, an adjustable box wrench, etc..