Remodeling is Tenant Improvements, we can still distinguish between common area improvements (LL cost) or tenant can pay.Also consider if one party damages the portion, they would be liable regardless.

Asking for something like 3% back on an FHA loan is common. 

Is your strategy a bold one, I'd say no -- out of state investing is very common here.

I suspect they will only become more common in C properties. 

You may also think that this market has peaked and you want to move your money to a rising market (like Austin!)

Bottom line: it's an old piece of crap and the "damage" pictured is extremely common and should be considered "ordinary wear-and-tear."

Most of the areas of town with strong rent to price ratios are also places where it's relatively more difficult to attract tenants and also where turnovers are more common.

The LLC mostly protects the property from inside liability; which will mainly be covered with insurance but in the rare instance an issue arises where it exceeds the liability insurance (there is massive mold, someone is murdered on your property etc.).

http://www.freddiemac.com/pmms...You can also track the 10yr US Treasury Note which is the most common benchmark for mortgages.

Condo board infighting over fees, resulting in special assessment for common utilities. 6.