So just wanted to outline the facts of a potential multi-family home I'm considering purchasing.My wife's aunt needs to put her house up for sale as her health has declined. 

It was fun to have, but with how little we were using it, it's more economical to just rent.

A person has to deal with government officials, contractors, suppliers, inspectors, insurance companies, regulators, health departments, social services, police, and sometimes even military. 

Fear and comfort are what keep us from taking action on anything new (relationships, finances, family, fitness, health).

I have been working closely with the Town economic developer who says that the Town does not want to foreclosure on the property as they are concerned of the contamination and view the property as a liability.

Which is the most accurate in determining how well a target market is doing economically as far as number of jobs and job growth is concerned?

And there shouldn't an appraisal difference between a 4" granite backsplash vs a tile backsplash covering from the bottom of the cabinets to the countertop, since both are upgrades so go with the most economical choice. 

- how much capital do you have on the sideline to cover temporary losses- how much equity do you have and can you sell assets at a steep discount and still cash out- how much unused credit lines do you have to tide you over until you can sell assetsThe result of this exercise is that you will get a feel for your resilience to weather an economic storm.

My tenant wanted to sleep in the house while the work was being done but smoke damage can cause a lot of health problems as you can imagine.  

I am a recent graduate of Rutgers University with a B.A. in Economics and passed my NJ state exam last week.