Got it, I also anticipated the ozone thing, along with "neutralizer" (won't do much), and finally repainting.Have you heard some tactics on how to get rid of tenants like these?

We have limited spots available and anticipate this session will be our biggest one yet!

Subtract the adjusted cost basis from your anticipated net sale and you get your profit which is taxed as two things - capital gain/ordinary income, and depreciation recapture.Unless you're selling the house for a loss you will not escape depreciation recapture unless you do a 1031. 

If you are looking for an appreciation play I would anticipate the rougher parts of Kensington to be more suited for that.

Things get built but because the aim is usually to get the job done and not done 'right' or to code, certain things will turn out slightly different than you desire or anticipate or even instruct.

I wasn’t informed by the title co & borrower of the delay til 1-2 days before the anticipated closing (beginning) of the loan.

I anticipate that for sure, I am quite conservative and will be saving up reserves quickly for sure as I expect these things you discussed as well as want to be ready for them!

In July I anticipate trying again to place a Section 8 tenant in the property, but my PM started to make it pretty clear they don't "like" the time it takes to deal with inspections, having "his guy" go over to the CMHA office, etc.My thought is that it is time to find another PM for that property.

I've been counting the days in anticipation of this event and I'm ready to start looking at a second property, or so I thought before talking to my broker..Originally, the plan was to finance tree first duplex with an FHA loan, live in one side for a year and then look for another duplex afterwards, finance that with a similar loan, live there for one year, rinse and repeat, etc.I knew that I'd eventually have to find another way to finance these deals, but I didn't think it would be before buying my second property!

@James WiseI dont anticipate a 2008 crash.