If you want to email me the address of your rental, I'd gladly give you my opinion of its present value, relative to your purchase price of $162,000 5 years ago. 

I guess this brings up a larger economic/philosophical issue: What happens to these beautiful brick homes and distressed communities when the costs to renovate exceed the current opinion of ARV? 

I agree about the sticker shock checking things out online but with the vast majority of properties here 100 years old, and most severely neglected, the maintenance and heating costs alone are absurd and almost every one will need a new roof, foundation work, lots of electrical work and more significant repairs that just make it a nightmare and the low prices not worth it in the long run (in my opinion and those I've talked with in the business up here). 

I read so many different things and wonder what your opinion is.

If anyone needs help comping properties in WA just give me a shout and I am happy to have a look and share my opinion.  

I am curious to hear your opinion if a ratio needs to increased or decreased.

I've heard different opinions on this....Any lawyers out there?  

I would like a bank that charges very little/nothing for closing/underwriting and is ok with broker opinion drive by desktop appraisal...

In addition you are maintaining y software issues and hardware issues.Free Laundry - You have to maintain the machine whilst not making money.In my opinion, since you only have 4 units onsite, it would not make sense to have a card operated laundry system.

In my opinion and assessment, there is significant coverage in place for claims before the umbrella policy would be necessary making it an unnecessary expense or at least a very very low probability of being used.