Now, about a decade later, I've learned a lot...I've learned that a "try" is nothing but a prolonged failure!  

I think it helps prolong the use of the unit, and results on a lot less emergency calls at those times of the year

If you nibble away at your debt, it just pushes the credit healing out further prolonging what you want to accomplish.

The exception would be in cases of extreme and prolonged drought.Second, you could install a sprinkler system.  

We have added a section where the tenant gives authorization for the person they name to remove their belongings in the event of death or "unanticipated prolonged absence from the rental property" -- think incarceration.5) Maintenance Request Forms (3 copies)  We only rent apartments that are in good shape and stress that we really want to know about problems when they occur, especially water dripping.6) Mailing labels for tenants who will be mailing their rent.  

Wraps or installment sales cloud title too and some larger lenders especially view the risks of prolonged foreclosure or other matters where title and lien priority are an issue.

Moreover, under Treasury Regulation 1.263(a)-1(b), you can’t immediately deduct the cost of any projects that substantially prolong the useful life of property owned by the taxpayer or (2) adapt property to a new or different use. http://www.realestate.com/advice/can-i-use-home-improvements-as-a-tax-deduction/

If rates spike up and you pay back your borrowed portion within 2-3 months your risk to the market was fractional/marginal as opposed to a buy and hold your risk and interest rate sensitivity to the market is prolonged and can eat away at the spread you're earning on the buy and hold.

I currently have an offer in on a short sale, but have been exploring other ways to start getting my feet wet as well.Looking forward to a prolonged stay on the site!

You are already living in an ongoing remodel, do you want to prolong that pain, stress, mess, and strife?