That changes the whole equation for the economics - whether I chose fewer apartments, apply for variance etc.Short answer, I want to know right away.

Again while California and some other states may have some better functioning condo markets, the lessens learned stem from the broad picture of the whole nation.

Now that my kids are older, I want to be professional about it, have fun(meet challenges), and use it as a way to achieve financial independence.

I ended up putting in a whole new floor.

This whole discussion has been very helpful for me, thanks to all who participated :)Let me see if I can sum up the various view points in a way we can all agree with (not likely, I know, but I'll give it a try).Let's say I buy a house for $50k.

After all, there's a whole industry set up to promote just that.

I have always been leary of leveraging anything knowing just two people can screw up a whole market.Don

With $140k in debt, you are not left with a whole lot of cash flow, so where did you get 8.3% cap rate?

Is it a simple new "fee agreement" signed by the new "C" buyer or do I make a whole new LO?

the tenants at one house moved out a few weeks ago. they were there just one year and moved in after the house was freshly painted and re-carpeted.anyway. there were fingerprints and smudges on the walls all over the house and even areas that you'd have to try to leave a fingerprint. nothing that a new coat of paint can't cover, but the whole house needed to be re-painted.regarding the carpet, there are dog pee stains and large furniture impressions. they tried to steam all stains out and even used spray chemicals to remove them. it does not smell, but the stains are there.would you charge them or keep a portion of the s. deposit for something like this?