Hey @Adam Bush My advice would be to refer to your lease.

@Adam OdomHere's the exact breakdown and you're right-- the treads are a large part.Sand and finish floors: 1,466 sq ft @ $2.75 per sq ft= $4,031.50Supply and install moulding: 520 sq ft @ $1= $520Sand and finish treads: 32 @ $40= $1,280And I feel like $2.75 is high from what everyone else experiences...

How big is your family @Adam Sharp? 

The Expenses=50% of gross rents is a rule of thumb used by some folks here, MikeOH, in particular, and adamantly rejected by others.

Adam

Like @Cory Adams pointed out, many people made the decision to short sale based on the notion that your primary residence is an asset or investment and if it tanks you should dump it like a stock...

@Frank Adams as far as education on BP, the forums are my favorite places to learn.

Case study: Imagine if you will 2 owners (Adam and Barry) of a singular apartment. 

Or are these agencies very adamant about staying on their properties and making them stay affordable, despite the deadweight loss produced by prohibiting value creation and loss of potential tax revenue?

Well since I last checked, you guys @Chris Martin and @Brent Coombs and @Adam Christopher and @Justin R. and Thomas S. have been contributing nicely to this Dead Equity issue.