I just learned however, that because I have cripple walls taller than 4 ft. my house requires an "engineered solution that meets Chapter A3" to qualify for the grant money.

For example, home purchasers often include a contingency that specifies that the contract is not binding until the purchaser obtains a satisfactory home inspection report from a qualified home inspector.contractAn oral or written agreement to do or not to do a certain thing.conventional mortgageRefers to home loans other than government loans (VA and FHA).convertible ARMAn adjustable-rate mortgage that allows the borrower to change the ARM to a fixed-rate mortgage within a specific time.cooperative (co-op)A type of multiple ownership in which the residents of a multiunit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit.cost of funds index (COFI)One of the indexes that is used to determine interest rate changes for certain adjustable-rate mortgages.

Anyone have a good solution or example of what they might be doing to offload this cost and help their tenants realize they should turn the faucet off occasionally?

I mean you don't see Me with Oregon and Ca properties running adds in Cleveland for you folks to come buy my properties. but you see all sorts of these companies that advertise their properties out in the areas were the residences are much more investor centric than were you live.. but this started in 2000 or so I started funding out of state folks in 2002 and been doing it ever since.. however its tightening its finally got to the point were the recycle like you talk about has really calmed down.. as a whole the buyers are smarter and PM s do a better job.. and the investors have skin in the game so they did not walk from rentals like they did in 08 to 2010..  

The message contained pictures of each property from the street to demonstrate they were still standing.Unfortunately, this is not the same story my residents told.My real estate agent was given information by a residents that their home had a notable leak in the bathroom.

I'm looking to buy a second home which will be my new primary residence.

Single Family Home (East End Louisville)- Originally my primary residence ($209k)- Property is in our personal names (not in LLC)- Comps in the neighborhood are $285k- Built in 2002- In well established  neighborhood w/ middle income families- On 15 year 2.99% mortgage w/ 8 years remaining and $115k principal balance- Currently rents for $2,185 month/$26,200 annually- NOI $16,320- Cashflow $4,500/annually - $12k principal pay-down annual (current year)- Currently getting less than 3% return on our equityOriginal goal was to not cash flow but pay off property, allow appreciation, sell property at end of loan and use capital for additional projects. 

Simple solution here is non-renewal.

House 1 (primary residence): Worth: $300,000Owe: $170,000 @ 3.2 15YR (Current)80% LTV at 4.75% 20yr (allow $100/month profit once I rent it out) = $70,000 TO REINVESTHouse 2 (Rental)Worth: $300,000Owe: $130,000 @ 3.75 15 YR (Current)70% LTV @ 4.35 15 Yr (Cash Flow $200/Month)= $80,000 TO REINVESTA.

I wiped down the walls with a vinegar/water solution, sprinkled baking soda and vacuumed 3 times and purchased an Ozone machine from Amazon and ran it for 24 hours.