If you have a rate of 5% right now and can drop to 4% with $5,000 in closing costs, then you would have to decide how long you would have to keep the loan to save enough money to pay for the costs.Loans work off simple interest, so you do not have to factor in how long you have had the loan to make sense of it.  

With the description of your proximity this will affect demand significantly.He also stated proximity to campus isn't a key decision factor for students anymore.  

Floor has a slight slope to it.3. laminate flooring was put in incorrectly 4. stress crack along with minor water damage on ceiling and walls5 new roof6. no appliances 7. the washer and dryer connections are in the kitchen8. has no central air (95%) of the houses in the area have it 9. need landscaping 10. gutters11. wall trim is in pieces12. some paint since im sticking to white ( very popular in the area)13. doors need replaced14. full remodel of the bathroomAlso the furnace and water heater are exposed in the bathroom (looks very weird) and it does have a garage or a basement but crawl space.

Sounds like some kind of factoring company deal...there is nobody I am aware of loaning their money interest free for a year.  

The x factor comparing the two, AV and Inglewood, is that government spending on all that crazy expensive military aviation.

The price point for entry and solid cash flow options were the biggest factors for me. 

Bringing my total Rental income to $2800/mo, which would be less once I factor in insurance, taxes, maintenance, and etc.

As a plus, the guy I use is great at customer service, even if he was a little bit higher, I'd stay with him for the lack of hassle factor alone.  

Even experienced developers can have this problem, in that they're only exposed to the sites they've developed in the past, where I've seen issues that have come up not only on their project, but also on other projects with their own unique site issues.This often leads to overpaying (or almost overpaying) for the potential value of the property....sellers fuel this idea .

But since turnover is the most expensive event an owner is exposed to, turnover avoidance, to me, should be a primary objective for every landlord and property manager.