There were many issues including some non permitted rooms that had been put in by the previous tenants (a business). 

Your local Realtor association probably offers classroom-style training included with your annual dues.#2 Most lessons come from actually doing business i.e. transactions.

I just sent you an email including the link.

That includes any real estate holdings.  

Factors include: neighborhood, size, amenities, school districts, age of home, SF, number of beds/baths, and all kinds of other features that may be unique to your area (pools in Florida, for example). 

I continue to include the return address.  

You should be paying him in draws as the work is done, materials and labor included.  

I like using rentometer and craigslist to gauge averages in a specific area - craigslist is a good resource as people generally include photos so you can see what kind of quality the unit is.

We have great programs for every aspect of the real estate cycle including cash out refi's with only 30 days seasoning.

If I purchase a 2nd Lien Performing note and the borrower refinances the 1st Lien does that require them to include the 2nd Lien in that refinance and cash out the 2nd Lien?