Whenever a tenant indicates by word or action that they intend to vacate a unit, I make sure they sign a "Notice to Vacate" form, which explains keys points required by our landlord-tenant law.

These are not for inexperienced investors, in my opinion, and the seller carries a significant risk which they should be fully explained to them before embarking.

It would weed out those who just don't have a clue.It bothers me in ways I can't explain when an agent (and wholesalers) says something is a "good investment" and 98% of the time they don't have a clue what they're talking about. 

The way it was explained to me through the attorney was that under 3 transactions of this nature a year does not require a loan originator. 

As tax expert, @Steven Hamilton II should be able to explain this clearly. 

Could someone explain comps support '24-27' valuation?  

I understand that this might be a stupid question, but could please somebody explain to me what exactly refinancing is?

Your agents should be able to explain these things to you.

If so can someone explain how?

They explained it has to do with overcrowding conditions and how it will make it very difficult with those type of conditions to contain.