Also, if you can replace that $418/month car payment with something around the $200/month (or even lower) range, you'd increase your borrowing power even more.Good luck, Doel!

It is a reverse engineering effort.

I've been working as an engineer for the past 20 years and have built up about $325K in my 401K but I hate the idea of building this up until I retire and then spending it all after I retire.

I made enough money doing a job I loved (engineering) that has left me comfortable.

For example, I look for properties I can rent out with some rehab; a flipper who plans to do a total rehab would not care much that the current kitchen/bath can be acceptable for a rental, they would gut to studs anyway and replace.

Based on the info provided, does it seem to be solid advice to replace the entire unit?

The store has many other issues.Should I insist that he replace the HVAC for the lease to work.  

I currently work as an entry-level Electrical Engineer at a manufacturing plant in Columbia, SC.

Obviously you need to replace the person in the management office with someone who knows how to do the job!

Obviously, I could spend a couple of grand and replace the carpet and pad which would get rid of the problem unless it is in the sub flooring, but I don't want to spend the money unnecessarily.