The house had some significant plumbing issues that needed to be addressed as well as some electrical updates.

Be careful what you put in writing,a lawyer can use it against you in a court of law.The tenant is within his legal rights to demand a receipt for rent paid and the reason is not up for debate by anyone.You must furnish a receipt within a certain time period established by your local state law.You can furnish it electronically,US Post Office mail,or in person.Also,that statement regarding possibly moving into the apartment might been seen by a judge as illegal harassment of a paying tenant.You seriously should seek legal advice from a competent attorney and let them write responses to your tenants with the correct legal language.

Yes the amortization periods tend to be shorter, and the rates tend to be a point or two higher.

Update: as I was leaving the English Ranch neighborhood the other day I saw a car driving around that was the City of Fort Collins and had "CODE COMPLIANCE" written in big letters on the side.

Period. 

Just updating my progress here.

Thank you for the update!

It is part tech so the value could also increase or decrease with any new updates.

When I asked loan processer if we can still close on Monday, here was her response: “We wont get a clear to close unless the underwriter clears the conditions, the CD is a separate part, that just helps get the waiting period out of the way, right now we need to wait to hear from underwriter on 1.

I’ll follow up in about a week if there are any updates.