My  contractor has advised that it would be more cost effective to simply furr out the walls and put up a nice smooth dry wall instead of trying to even out/improve the current situation.

Thank you Sandra for the heads up, I retired in 07 and never encountered it in the field and the damaging effects probably took some years to manifest....  

Those who invest in physical property to earn money as rent must also make themselves available to tenants and manage potential problems within the building, such as conflicts between tenants or legal disputes over damage to the property.

So I am, in effect, starting over again from scratch.

Google "FHA seasoning guideline" or something to that effect for more info, but essentially it has nothing to do with what your initial question was asking.Btw, I sent you a message back earlier today to email me.

My name is Chris, I'm currently a 23-year-old college student in Los Angeles, California, studying Visual Effects for the entertainment industry (i.e., special effects for movies -- y'know, blowing stuff up).

Formica counters looked to have a medium degree of water damage here and there. 

I really want to keep things as simple and cost effective as possible before going the route of talking to an ERISA attorney, but I appreciate your input.

Everything filthy, water damaged window sills, carpet is pretty trashed from pet stains.

I have a 5 bedroom home that is about 100 years old and has the original solid wood interior doors. These doors arent perfect, after all, they are old, however still very sturdy. That is until my tenants decided it wo...