In a short time you will begin to understand the financial mechanics of rental properties.

I'm interested in how other landlords define this term both in PA and elsewhere where no legal definition exists, and whether anyone has specific guidelines they follow, with specific emphasis on whether you enter during weekend hours if you have a regular 'day job' that's not RE investing.

I imagine the seller was probably at the end of their rope and really needed someone like you to step in, and the numbers all seem to work, but the mechanics of the deal are intriguing to me, you must have made a lot of phone calls.Again thanks for sharing this information, I really like it when a complicated situation is solved and there are several winners.

If the existing faucet is a popular brand, you can probably buy a new trim kit using the existing diverter, but if the existing brand is less common, you may need to replace the entire mechanism.

I'll detail more about the project below but wanted to lead with my goals in posting.TLDR;  Interested in links, advise, discussion, warnings, etc for proactively anticipating the next steps involved in planning, designing, constructing and managing large development projects from a General Partner and Owner's Agency role.The general state:- Partnered with owner contributing wholly owned lot with appropriate zoning for ~18 story mixed use set of towers (5 in total under current rough plan)- Very qualified architecture team signed on to deliver plan for design process- High level contacts with multiple potential building partners showing interest- Multiple funding options available in line with needs for initial tower's expected costsThe vision:- Emphasis on active community engagement and development- Net positive Electricity, Water and (as much as possible/practical under constraints) Food- Tightly integrated with surrounding environment with funds allocated to remediation and improvements of native ecology and community/pedestrian oriented accessibility- Digital nervous system (I have a technology background) with sensors to drive efficiencies and create digital connections between the various building components and it's residentsThanks to all for providing such a fun community!

Domestic hot water, and; Electricity adequate for lighting and any mechanical equipment within the home.

Because of shared wall and roof etc.....even potentially electric depending on how lines are run etc....can I make repairs as needed to both sides....common wall framing, roofing etc that need to be done to keep my units water tight and structurally sound and then put mechanics lien on that unit?  

The home I listed is in livable condition, it has newer windows, hardwood floors (somewhat scratched in certain areas of the house),the  mechanicals on the house work properly but AC unit was completely rebuilt. 

Sometimes less.  1100SQFT - 2500SQFT Complete renovation down to studs and replace everything up to code - New mechanicals, frame work, exterior work, insulation and drywall then all your finishes 8-12 weeks.  

I have been reading the forum and it seems to me that most funding mechanisms either show up on your personal credit or must be disclosed on a mortgage application.