Exterior paint looks great.

Either way, people will lose jobs, or what they earn wont buy their food, which will make it a second priority to pay your mortgage as opposed to buying food.

Jason,Whenever I am working with a client especially for the first time I ask them to give me specifics like # of bedrooms/bathrooms, covered parking, exterior, etc...

Just a thought -- if he has "plenty of equity" in the 9 financed houses, it may be easier to refi one of those as opposed to originating a new mortgage on another property...

Property Characteristics: Gross Area: 3,381 Parking Type: Construction: WOOD Living Area: 2,949 Garage Area: Heat Type: FURNACE Tot Adj Area: Garage Capacity: Exterior wall: FRAME Above Grade: 2,949 Parking Spaces: Porch Type: OPEN SLAB Total Rooms: 14 Basement Area: 432 Patio Type: Bedrooms: 8 Finish Bsmnt Area: Pool: Bath(F/H): 5 / Basement Type: UNFINISHED Air Cond: Year Built / Eff: 1902 / 1924 Roof Type: Style: RANCH Fireplace: / Foundation: CONCRETE Quality: AVERAGE # of Stories: 1.00 Roof Material: COMPOSITION SHINGLE Condition: AVERAGE Other Improvements: Site Information: Zoning: BE Acres: 0.28 County Use: MULTI-UNITS(4-8) (1230) Flood Zone: X Lot Area: 12,068 State Use: Flood Panel: 0801031189F Lot Width/Depth: x Site Influence: Flood Panel Date: 12/19/2006 Res/Comm Units: 5 / Sewer Type: PUBLIC SERVICE Land Use: MULTI FAMILY 10 UNITS LESS Water Type: PUBLIC Tax Information: Total Value: $196,500 Assessed Year: 2010 Property Tax: $1,196.91 Land Value: $47,000 Improved %: 76% Tax Area: 2218 Improvement Value: $149,500 Tax Year: 2009 Tax Exemption: Total Taxable Value: Depending on what strategy I use to acquire the property will decide my exit strategy as far as financing.

Yes, I am aware of at least part of the fcc regulation, and on a sfh, it makes no difference, as you are probably totally responsible for your entire share of the corporation, from the tippy top of the roof to the (not-common) area around "your" house.Since the hoa in your situation is probably responsible for the roofs AND exterior siding of your adjoined townhomes, they probably can tell you what you can and cannot put on the roof or sides, since they probably are not yours, just the interior spaces.

I have been more focused on the Tax Sales as opposed to the Trustee Sales, but I talked to several people at the court house who said the Trustee Sales was the place to make money, but that it was not easy.

We have since removed 5 of the 8 tenants for various reasons and are in the process of upgrading the apartments and the exterior grounds.

and if your tenant causes damages to the exterior anywhere, the HOA will want you to pay to fix it (on your rental that isn't in an HOA, you can choose to leave things in the damaged state).I assume each unit in the condo will have it's own HVAC; when that dies, it's on the owner to fix it and not up to the HOA to pay for it.Special assessments sometimes pay for necessities needed for the use by the overall community (like say a roof or parking area), but sometimes they pay just to improve the facades of a certain "row" of units.

The result has been that politicians from both parties draw strange boundaries designed only to get them re-elected by reducing the number of voters of the opposing party in their districts.The consequence of Gerrymandering has been that a politician only needs to pander to his own primary in order to win.