It's also been well established in lending that Asian borrowers tend to live on much less than us fat, must have it now type Americans, savings is generally higher, just saying, don't apply your personal expectations as to your life style on others, stay neutral and see what their life style is through general conversation.I'm not trying to push you toward accepting these folks but skimming the top with ratios and assumptions may lead to losing very good tenants.Those pets probably won't cost a hundred bucks, my two monster dogs were only a hundred bucks.Again, how long is this situation reasonably expected to exist of relying only on the royalty income?

The paint looks great, nice neutral color but still enough contrast with the trim.Not to be negative, but how old is that roof?

But look at this simplistic example of neutral cashflow.

@Jad BoudiabHey Jad, we worked together trying to find suitable deals early on in the process.You’re a great professional.I think we shouldn’t miss the point of the post, which is that Cleveland (as a sort of poster child for the cheaper MidWest markets) is fraught with dangers for out of state investors who surely do not have the sort of ground knowledge locals have-nor can they get that knowledge by simply flying in and driving around with a broker for a few days...as Jay mentioned.For me, it’s pretty obvious to any neutral reader of this thread that all the counter posts to my original post have been by people BASED IN CLEVELAND or who run a real estate related business in Cleveland.That’s not a coincidence.And it’s enough proof for me that my post touched a nerve with those who have stakes in the market.That’s understandable.But it’s the investor who risks capital.Not the stakeholders who stand to profit with their business, be they brokers, contractors or developers.

I'm not keen on the service levels of title escrows and my early experiences with broker escrows taught me valuable lessons that, while they may be neutral, they're more 'neutral' in favor of the broker. 

But it sounds like the color scheme you have is neutral enough that you should be okay.If you plan to stay in the house until you sell and don't have any pressing need to move elsewhere, holding costs may be less of a concern to you, but days on market still should be.

I was thinking of light gray because it’s neutral but hides more than white and doesn’t have that glare.

Also if you purchased the home on the California Residential Purchase Agreement then most likely you signed Pg8 Section 22 Item B which is the Arbitration clause which means you will need a neutral party to mediate the issue.However I agree with @Scott Carder if the repair is not very expensive 1k to 2k it might be easier and less stressful to just fix it and let it go.

Would welcome comments from fellow BP members.National EconomyWe think that a quote from Business Wire summarizes the national economy fairly well.Economic Growth Stuck In Neutral – The U.S. economy seems unable to break out of its disappointing pace of growth that has kept real GDP growth range bound between 2.0% and 2.5%, below the historical pace achieved during previous recoveries.

The LLC is tax neutral.