If you actually get the bill, I suggest you call the utility company and find out exactly where the property owners' responsibility starts. 

and anything else you may think relevant.Yes, I did my online research and have spoken to brokers, now I'm looking for actual real life experience.

Not a romantic notion of some HGTV show, but the reality of rehabbing and all the risks involved.

@Jeff Kim I dont really like downtown for rentals because the price points are a little higher, and the rents are actually a little weaker, and they can be a little hard to rent. 

Getting rid of the PMI makes sense if it actually lowers your payment. 

Just to make sure..... verify that the legal description in Your purchase matches the legal description in; the foreclosure action, the original mtg from the previous owner, and in the deed where the previous owner purchased.Surveyors rarely make this kind of mistake, but that is also possible.If all the previous legal descriptions are the same, dating back to when the house was actually built, are we to assume that whoever built the house just “guessed” at where to build it?

What has ACTUALLY been working in Orlando?

The key difference is that in mortgage I'm forced to structure it, because that's what's due.Additional info 1 in case it matters: it's actually on my primary residence.Additional info 2 in case it matters: the balance each month is roughly $4500.

@David CruiceIt’s actually effective already I believe as of April.

Some neighborhoods of DC actually went up in value during the housing collapse including Shaw, Petworth, Brightwood, Trinidad.A much more likely scenario than a market correction is prices continue to appreciate, and interest rates continue to rise.