I personally wouldn't gut a unit that doesn't need it and would focus on making it mechanically sound and aesthetically pleasing without busting the budget trying to make a rental look like the Taj Mahal.

The two unit setup is a great choice, but it’s dependent upon your current mechanical layout, and plans for the property.

Question I would imagine these discounted notes are bringing in a nice yield currently why exit.. you probably won't be able to recreate the great deals your getting today... is there a mechanism to have the current members just buy the notes individually if they wish to keep their cash flow coming in...

False pride is generally a mechanism of the ego, built to protect them from the harsh reality of their own inadequacy.Psycho-babble?

It determines the rights of an individual lender who inadvertently described his lien on a mechanics lien form as it applies to a bona fide purchaser. 

If she's asking you to replace the existing lid for one that has safety features, like a self-closing mechanism, then that would be her responsibility.

I was assigning a contract one time, and at closing, my attorney told me that we had to escrow 1.5 times a lien amount for a mechanics lien because we could not find the holder.

Certainly all of the above, particularly the hunt and the numbers, but I'd probably add that the satisfaction of finding the best team to delegate to in every particular location, meeting, identifying and verifying the pros from the mass idiots who lure investors to their financial graves, then knowing you can virtually play the numbers without ever having to set foot there again, there's just a well-oiled, smooth feeling to the whole infrastructure/mechanism you build there that's unbeatable for me.

Even though things might look pretty you need to take a closer look at mechanicals and all the other items you can't see.Does the seller have pictures of the rehab replacing everything??

That's like saying your mechanic does't get greasy!!