For example, I set up a syndicate to purchase a 21 + acre tract of land located in a major mixed use development with the intention of holding 3-8 years until we were one of the last sites to be developed.  

The greater Milwaukee area has appreciated 7.5% last year and list prices in January already jumped 18% from December.

But one of my buddies collected $13,000 in late fees last year - so he ain't using my PM ever!  

Because last year it was only 0.08% in March and last three months it’s been averaging .23%…We will float around 2.75-3% throughout the year and only way it goes lower is if housing pops.

Are they willing to provide a few months of bank statements and last years tax return showing matching income?

A roof with 5 years left can mean any number of things (it may last 3 years or it may last 8 years).

Lastly I have a 3/2 attached to a 3/1 on 1 meter and I just bill them 50% of the total bill.

They waited till the last minute to get an HOA questionaire which on the day before closing caused them to change loan terms.The original rate they agreed on and signed a closing disclosure was a 3.875% rate, and the new 'non warrantable' loan product is at a 5.5% interest rate.

Lastly, #1 is a mirage.

Healthier homes are becoming more in demand and do have a higher value because they are better quality and last longer.