"Hey max- this big crack appeared overnight in one of the kitchen windows, possibile because of the extreme cold from outside and heat from inside.

In addition, there are separate legal requirements for handling a security deposit, the failure to satisfy any one of which subjects the landlord to TRIPLE damages if it is raised in court.I just did a quick check for NY, and it appears there is no statute in regard to prepaid rent:NY Rental LawsBUT, when it comes to landlord-tenant law, it pays not to assume anything, so I'd strongly recommend contacting an attorney for a definitive answer.

I realize that there are many more important aspects of completing due dilligence(referrals, background check, etc.) but how much weight does the appearance of the actual estimate they hand you carry in choosing a contractor?

So there really isn't an equivalent to the conforming, good credit 80% LTV resdential 30 year fixed loan that is often quoted. 

It appears as if your father isn't making wise decisions the older he gets.  

Such knowledge can be useful in dealing with an appraiser from constructive point of view without appearing as if you are trying to unduly influence their opinion.

It might be very helpful to an individual investor wishing to use this strategy on a few deals since it appears that under certain conditions it would not be governed by the new rules. 

The second picture show what appears to be where they just pulled the light out of the ceiling:Downstairs bedrooms:

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@Tyon Pascal You need legal assistance since it appears you're unfamiliar with the entire process.