.- Freon leaks on units less then 5 years old- galvanized pipes in attics with pinhole leaks- cracked slabs (and all that goes with that repair from cracked tiles to cracked walls)- AC condensing unit stolen in vacant house- underground plumbing leaks- and the best one was a voltage surge in a house that burned out the transformer on the AC unit, and burned out the stove digital display, and ruined two outdoor mercury vapor lights.

Remember that the objective of a real estate agent is to bring both party to a closing.

Factor in the tax benefits from depreciation, and your effective return pushes to the 20% range, not too bad in a world of low single-digit bond returns, with some solid inflation protection built in from the ability to raise rents in the future, plus the fixed long-term rate on the loan.So, $25,200 * 40% / .07125 = $141K as your max acquisition price.

This month's looks to be good and I'm hoping to make it - with me it's always a matter of babysitting since my husband is on project sites a lot and my children are under the double-digit age.

Mid double digits (15%+/-) and a handful of points.

But if that is the main objection, I'd sure give it a try rather than lower the rent.

A seller that has nothing to hide will not object.

I'm also a Realtor in our area, so if you need any objective input on MLS data or if you have any questions, I am always available.

I can't recall the requirements for being able to count the space, but you can probably dig it up on google or contact a local appraiser for a quick explanation.As far as the basement bathroom goes, it sounds like you've got a ways to go for it to be an actual bathroom.

This is also a valuable exercise for those that say "no" as you may be able to overcome those objectives as you are negotiating the deal.