But spectacular views.

https://www.linkedin.com/profile/view?

-Work w/ the underwritters now to see if it is an issue, compare the cost of SFH t duplex there to see if it even creates a difference in value.Bottom line- a good agent would have looked at this and made you aware in advance and you can view it yourself as Norfolk has one of the best sites for RE, which includes an entire zoning map.

(it's around $18,000 in commission).I can see from his point of view that this may make sense, but I also highly value my time, and never seem to have enough of it.

***I'm here to learn so any explanation or new point of view is greatly appreciated.When I look at this scenario I get roughly a -6% cash on cash return.UNLESS I take into consideration a 2% appreciation per year and the first years principal paydown of: $4,768.41.

I was looking to see if there was some sort of database, for lack of better words, that had a list of already qualified renters when I came across this "Bad Tenants List" (http://badtenantslist.net/).I'm curious if anyone has came across this as well and because its membership only you may not view any of the good/bad tenants list so I'm also curious to know what limitations on information may a company hold on a potential renter?

How I view them is a bit skewed by my previous experience.

From the tenant's point of view, they have a valid lease agreement and the terms are what they are (apparently, no co-signature required).

My way may be viewed as conservative to others, but I know the dust settles I can withstand down turns in the market much better then someone who is leveraged to the hilt and has no cash.You do what you want, but I'm just trying to give you wisdom from personal life experiences.

More importantly, I informed the tenant that I am happy to work with them in this matter, but I can only do so if we open up lines of communication.In a way, I view this as partially my fault.