At a certain point the newer sqft value covers total tear down when completed.

Should I make sure I have enough money saved up to cover me for a few months in the event I'm not able to immediately rent out the property and am stuck with another mortgage payment?

At this moment I will not cover the complete mortgage with the tenant's rent.

I bought it with 5% down as it was originally owner occupied and it currently has a 4.125% interest rate so all for principal, interest, insurance, taxes, and HOA I pay $1,942.38 per month, which is entirely covered by the rent paid by the tenants.

Aren’t the $200* per month for cap ex and 10% I take out for repairs sufficient to cover those expenses?

One unit (tenant 1) covers snow removal for the building for a rent reduction each month.

Does your insurance broker cover the Burlington, NC area.

(B) A cause of action may not arise against an owner of real estate in a covered transaction for failure to disclose:(1) that the subject real estate is or was occupied by an individual who was infected with a virus or other disease which has been determined by medical evidence to be highly unlikely to be transmitted through his occupancy of a dwelling place; or(2) that the death of an occupant of a property has occurred or the manner of the death; or(3) public information from the sex offender registry as defined in Article 7, Title 23.

I'm not wanting to make trouble for the agent, I just want to cover my bases.The lot is priced low and has been and on the market for 2 years with 3 different agents.I want to communicate with the builder to ask what made him back out.

I then typed up a lease that covered everything possible in all of the leases and ended up with an eight page lease.