It would cash flow around 5-600 per month.

Prop tax, insurance, and MI are per loan officer and confirmed by my own research.

On top of that, some counties charge an extra percent.

After building some rapport, he offered a 23 unit brick complex in a solid location on the New Britain /Kensington line for 300k down then eventually lowered it to 250k down for a length of 10yrs @ 6% and wants 55k per unit.

So 19 units equals about 58,000 a door going in at 1,100,000.About 614 rent per door X 19 = 11,666 X 12 = 139,992 annual expected gross192,000 gross is about 842 a month so expecting a rent jump of over 200 a unit after improvements.

Right now you are losing $1800 per year. it'll take 5 years of ownership to make selling a better option, but if there is a major capital expense that causes special assessments, it'll screw you and kill your condo's value.

I typically spend less than 10 mins per guest from start to finish (inquiry response, payment verifications, instructions, issues, questions, and tax submissions).

I would think his discharge would have to go directly to the storm sewer system, as per permitting design, but I don’t know how that works in your area.If you could trade up to a better property, I’d certainly look at it.You might want to go down to the building dept and look at his plans, assuming it is that far along.

(That has never been an issue for me but that is something you want if you are going to spend the money on the report - the engineer is responsible if the repairs fail per their recommendation, not you)  

Homeowner stopped paying mortgage since they were asked for over $2000 per month going back a year ago, Can anyone guide me if anything can be done at this stage?