Also, could you clarify are you saying that these properties are worth 1/2 to 2/3 of what you paid or that they are rising in value?

The messes created are considerable and no attorney who see the big picture likely won't get involved.

I did not know about DOM method will be taking all these things in consideration when I buy my income property.

I am not sure if this is an issue since heat rises.

the lease, and gave you the necessary consideration to secure the lease.

When they sell they give first considerations to people who will live in the property before investors.

You think existing homes are going to rise...

Sewer fees have risen considerably in the last year after the remediation fees went into effect.You'll also probably want to include $200 for city occupancy permits, and probably $500 for complying with a city inspector having a bad day.

Everyone can discuss if it's needed or is it normal but I think it doesn't matter.While we always want to be considerate and giving to others, it's important to also have a mindset of "taking" or being "aggressive" in business.

@Joe Villeneuve So, a couple of questions/observations:In order to do a cash-out refi, I would need considerable equity in a property for it to make sense?