As and investor selling to other investors this doesn't matter just use the contract to make the costs work for all parties.

If you find a deal that reasonably cash flows, why does it matter?  

Mention in the letter you hope this matter is resolved with the records you provided and you expect correspondence by x days and money in y days or you will have to take legal action. 

. - granite colors will change but solid surface counters are here to stay, doesn't matter what they are made of. - those vertical glass backsplashes, separate wine fridges, and drawer appliances will definitely date a place.

No matter how good your coach is, you need to develop yourself too by asking good questions on RE.Joining one or two good RE Investors Association in the city you live in will also improve, and speed up your learning rate.

If he wants better cash-flow and/or increased rates of return on his capital invested, then it probably makes sense to diversify his portfolio into other markets with better cash-flows and/or rates of return.Whether these two objectives are accomplished by doing a 1031 exchange or a cash-out-refi, it's a matter of assessing the situation and deciding on what makes the most sense financially and strategically.Finally, if appreciation is the only objective when buying or holding real estate, then that's nothing more than speculating.

Does an "interest only payment" suggest they are agreeing to pay $25K in interest, no matter when they pay it off?  

It won't matter so much with larger lenders like BofA or Chase as you are just a credit score to them for the most part. 

All they have to tell a Judge is that they paid their rent via direct deposit, went inside and paid a teller, and the bank made a mistake, and "bingo" they have just stall the eviction process until the matter is straightened out.

No matter how bad the recession/depression, people still need a place to live.