., one thing I think we need to be clear about is tenant versus occupant.

If I pay the 7k closing, it would save the buyer the hefty closing costs, but from my side, paying 7k in closing costs would be cheaper than paying 3500 in closing and losing 5000 for the lower sales price... total = 8,500 versus 7,000.

Mice could be entering from neighboring homes too if your property is in a row versus standalone.The mice are staying because they are finding food. 

That property will give you experience for your next project but having a free and clear property versus a $12,000 mortgage will have little to no impact on the financing for the next project unless you use conventional financing or FHA.

But it still makes sense to me that there would be an adjusted cash on cash calculation that looks at cash return over capital you took out of your pocket versus the profit portion you made from the exchange.

Will the other nonprofit create a shelter for victims of domestic violence versus a for-profit entity that will use it as a rental property or commercial storefront? 

Another way to word this is that the increase in value ratio (i.e. the initial principle and interest versus post rehab principle and interest) is approximately equal to the increase in rent ratio. 

They believe that it caught the juniper tree on fire that caught the eves on fire (versus the fire department thought the eves were the original source of the fire and had burned the juniper).Even though we had a tenant that followed our rules (our old rules that we grand fathered them in), our units are out of commission due to having smokers in one of our units. 

While lending is ordinary income, you most liekly claiming "real estate professional" status and able to take your losses as active versus passive.

This brings up the ageless conversation of monetary savings from time management versus time investment perspective.