Then cost out the master/basement bedroom project in terms of both dollar cost and extra time and compare.

It is brutal right now in terms of finding a good deal.

Lenders are all over the place in terms of what they will and won't do.

We learned alot about past events and history in terms of nyc real estate.

My lease states that it goes month to month at end of the one year term.My experience so far has been that tenants want a new one year lease, rather than month to month, because they're afraid of being told to leave or having the rent increased.Normally I would offer the option of a new lease, but these particular tenants have been late (beyond the grace period) with the rent a couple of times now, and there have been a couple of other minor issues.Would you take a chance on them moving out because of the lack of a long term lease, or take a chance of a future eviction/unpleasantness on a new one year lease, if things continue to go south in terms of on-time payments?

Think in terms of at least 1.25%, and moving up from there depending on the quality of the neighborhood/property, and the norms for your targeted investment area.

How does this process legally work in terms of licensing?

I've also heard that Trane is very good, but someone on this thread says they're bad.Maybe someone in the HVAC field who posts here can give us a ranking of the brands in terms of quality, etc.?

He or she has the option to take "cash for keys" which is usually ******** in terms of dollars, usually a couple of thousand, or ride out their ninety days, at whatever their lease is, if the lender feels that it is too low, they can charge market rent and raise it accordingly.  

What that means in terms of DOM i'm not exactly sure.Everyone on the front end of the construction industry I talk to here is cautiously optimistic.