Originally, I was going to at least say something nice like appreciating him for going to the bank and wiring the money, But on second thought, this is the money that ABC owed me for months, why would I be so nice? 

KC KS is not so nice, pockets of ok-nice exist but overall it's cheap houses in bad areas and all the problems that come with that niche.

But here the bank gives better loan to value( up to 90%).There are many other things that are quite Europe or even belgium specific, which i am not fully uncovered yet. like, perfessional investor status can reduce the registration tax from 10% to 4% . buy it as a company can have a better property tax benefit. etc. 

I may be ahead of the market by renovating my rentals so nice, but eventually the rest of the market will catch up and by that time I will have already paid my investment down.I am a big fan of investing from an informed standpoint. 

You have a right to inspect the property, sonic he isnt cooperating that is an issue.

Pay attention to conversations where you uncover someone is a contractor or works in a specialized trade.

Even if you have a worse case scenario of HVAC failure and they do cover an HVAC, your tenant is without AC for weeks, you are on the phone with warranty company and contractor for hours (mostly on hold regurgitating the same story over and over again)your still out the $600 annual payment (probably several years wort), your paying the $500-600 for the “uncovered” Freon, and the headache of it all.

Earlier this month, my tenant uncovered water damage along the baseboards and lower walls of the master bedroom.

Congrats on being so nicely positioned in a tough economy and for getting into this space.

When you take a home down to the studs, you have opportunity to rearrange floor plans, and allows you to uncover and remedy any unknown issues with the home.