It isn't that i'm not curious what the appraisal would come in at, but I will likely be getting one when i go to refinance in 6-18 months and all the value would do right now is: 1) Give me a more accurate idea of what the bank would value the property at2) Delay closing as appraisals are 3 weeks out minimum right now3) If it comes in high the seller could use that info to back out4) Add additional costs (around $950) to the closingP.s. - I will still be ordering an inspection.Thanks in advance!

Normally installment sale has three components1) Your basis that is not taxed 2) Capital gain ( not taxed as your home qualifies for sec 121 gain exclusion) 3) interest - taxed at ordinary rate.  

If you can really get $325 per night and have decent occupancy, you can use the extra AirBNB income to make additional payments on your primary loan, to slowly reduce the interest and timeframe.

The only portion you should figure the additional cost at 3.75% vs 5.25% is the principle loan amount you have now. 

In addition, solar requires monitoring to ensure that it is working fine and the solar panels need cleaning every few months. 

So, we recently came into some cash and are in a good position to make some additional real estate moves...trying to pick everyone's brains for some advice!

Is there enough room to add an additional bedroom and go from a 3/2 to 4/2 (that's more rent per month)?

Additionally, both property prices and labor prices are generally low in these areas.

Build with an additional dwelling (detached casita/studio or in law suite)3.

I will add it to the next post.Previous owner started the trash out without using a dumpsterNotice the closet, ceiling and wall are all B L U E !!