That seemed to make sense to her and she began to cool her jets.

For $200 he gets a new toilet put in that is probably more water efficient anyway than what he has and has new jets and traps that will let waste go down easier.

We have done some analysis on the place - there are a couple of comps on the lake and in our neighborhood that we can compare and I feel confident that we can get an excellent nightly rate and brisk business - we are going to buy a jet ski, bikes, kayaks and a pontoon that will be rentals - the entire place will be a laid back, party with style...BUT, if the economy crashes - I figure the worst that can happen is that we've upgraded our life.Basically, the HELOC would add about $600 to our monthly bills - which is incredible - and since our house was almost paid off, I did the comps on ARV and I figure we will near double our home value - so for no cash out of pocket, the worst thing would be that we aded $600 to our monthly bills but nearly doubled our home value...So...even if the economy crashes - my partner and I both have day jobs...sooo, I think we should be pretty smooth sailing...BUT...as I said - I am TOTALLY new to this and would love feedback, criticism, word of wisdom, or a pat on the back (hopefully...).Thank you all!!!

- Duplex (up/down) that is vacant with 5 parking spots- Main floor is 2 bdrms, 3pc bathroom (previously rented for $1775 + heat/electricity)- Upper floor is a 1 bdrm, 3 pc bathroom and loft (previously rented for $1559 + heat/electricity)- Two furnaces, two hydro meters- Roof replaced (2011), siding/back stairs/some windows replaced (2012)- School district neighbourhood and within walking distance to downtown core, water, shopping- Asking price: $400k CAD - Property taxes $3299 / Annual expenses $7671 / NOI $32,337 I used the BP calculator, and it will most certainly generate money - it needs an update, but not a gut job.Comps in the area vary from low $300s-$630sI am booked to see it on Sunday, but there are already 6 showings ahead of me.

I agree with Nathan, living here in Las Vegas, there are planes, helicopters, jets etc.

I don't mind seeing the stains of hydro-static pressure puddling, but as soon as one gets into mold territory and then says "is it legal" for a bank to call time out, I have to question how accurately you are portraying the situation.

I was wondering how this was going to affect the next 60 of these i build. so far i have 4 pre sales ( not even advertisings LOL) and 3 are cash.. so I have to think the interest rates will cool some peoples jets for certain and its going to affect investor more as investors while they want to buy they dont HAVE to buy they dont need primary housing.

In the Mid-West you guys can buy an island and a private jet with your 100$ and us here in the south we get on gallon of milk, a loaf of bread, and ONE egg.

I do not allow people to use my boat or jet skiis due to the liability. 

They can do a video scope to find what's going on and can either snake the line or hydrojet based on how your clean out is configured.