If you send out a thousand your saving sixty bucks if you can get the 1000 for 40 cents.

The city will be looking for every reason to not reduce and issue a refund, so any mistake will cost me thousands of dollars. 

When I first started I just kept waiting for something to happen and something to come to me.

Are there resources I can look up to see if i can wait and enact new leases that include tenant paying utilties and what legal issues I may encounter there?

I'm trying to decide if I should sell or just wait to see if it passes. 

The bigger question is if you’re sure you want to own $50K properties from thousands of miles away.

Out of that $50k comes my $9k closing costs on the buy, my $12k selling costs, and a couple thousand in holding costs (these are round figures).

I haven't even submitted the application to move the property from residential zoning to commercial because I'm waiting to hear from the city if they will allow us to keep our septic system.

You can refinance with rate and term any time with private loan but if you want to cash out you have to wait 6 month. 

I have already learned an incredible amount by just reading through these forums over the last several months, and can't wait to engage with everyone!