I am purchasing a 1991 duplex that has a "50 year" roof that was put on in 2011.
The inspection and appraisal has been done. We are set to close on July 31st. Last week we had a big hail storm in my area and the adjus...

A significant amount of detail work has occurred and I have elected not to post it here.  

I have never understood why the City has so many payment requirements that occur at intervals over the life of the project.

It probably depends on the bank but are we talking maybe having the lease executed within a couple weeks of receiving the appraisal would be well within a normal period of time that a bank would allow that to occur to allow the lease to override the appraisal?

—Now the Richest Metro Region in the CountryA recent report by Inman summarizes our city’s recent change succinctly:“While the rest of the country got hammered by the Great Recession of 2008 and struggled to recover eight years later, a remarkable inversion occurred in Washington, D.C. … As real estate markets receded elsewhere, the District of Columbia blossomed… By some measure, our nation’s capital has become the richest region in the country.”The report goes on to explain how these changes have made Washington D.C. one of fastest-gentrifying cities in the country:“In Washington, according to a study by Governing magazine, 52 percent of Census tracts that were poor in 2000 have since gentrified—more than any other city bar Portland, Oregon.

Oftentimes it makes it a sale that could not have otherwise occurred.

but it never occurred to me that that could be a really nice silver lining for the buyer that is willing to put up with his nonsense via the reduced competition.

The problem occurs when tenants have something go wrong and do not tell me about it right away

Gentelmans, whould like to get an advise - house was built on 1955, at the past few years there some major structural work done.The main bulge/crack has been secured along the long wall at the back of the house.

That is occurring in all attractive markets... so you typically go older (older homes), you buy further out, or you buy deals with problems and you have special knowledge of how to fix them cheaply.