There is also "active appreciation", which can come from buying a property under market value or by forced appreciation or adding value to the property.

If it is to sink again, hopefully mush less likely to impact the foundation.

I've had several guests on contract work at Tinker Air Force Base.

You may want to renegotiate with your PMC to add a clause that they will replace a nonperforming tenant at no cost, if a tenant they place does not pay first 3 months of rent and has to be removed.Many owners have asked us to extend our 3 month guarantee to 12 months, thinking it will force us to better screen tenants.

It is a direct indicator of performance and creates a relationship within the portfolio in order for the investor to better grasp the relative impact of a decision. 

I think factors like these can sway the pricing up or down a couple of hundred dollars a night or more and can have a big impact on the overall rent you can obtain monthly. 

As for refinancing, I’m an Air Force vet myself.

Estimating Rehab CostsI found these to be an astute introduction to for anyone looking to upgrade their life, knowledge, and situations....What Bigger Pockets books impacted you most? 

Unless there’s verbiage in your contract forcing the seller to address repairs, but this is very unlikely.

It is the biggest loophole with the most opportunity for raising tax revenue (and impacts the least number of people).