My guess is that rate (assuming its $390/yr) is a pre-existing owner policy cost and your costs will be higher, almost double.Now if the price you quoted is per month, I would not look into it further, as that is a very high cost.

The goal with the 36 cut is to get the existing floor to bare wood, take your time with this cut.  

If you are 100% certain and the data backs you up, I would probably invest in slightly higher end (by existing standards) homes, as those will most likely be more desirable as the higher income neighbors move in.

Pressure in the past that doesn't exist today?

Leasing agents not attempting to retain existing commercial tenants,owners/agents milking every cent possible from a lease and actually driving business outCommercial vacancies is a sure sign of declining economy, lost jobs and subsequent home foreclosures . . . its a good measure of the community economic health.

1) Scrape popcorn: $25002) Add a tankless hot water heater: $2500 (opens closet in house and resolves code issues with existing tank)3) Pergo XP flooring through all house besides bathrooms

There will be plenty of voices (the most dangerous of which are the ones in own our heads) saying "it can't be done, the market is saturated, there are no good deals left, etc."  

We mostly acquire existing, but we are also developing and converting big boxes. 

You just need to be sure a problem exists first.

Now I will admit that I am new to the note business and still learning to read these credit reports but I am assuming that this means that these liens no longer exist.