Eventually, those factors will switch places.

Generally, if this is your only building, you will still be the biggest risk factor in the property, and the bank will look at you and underwrite you.As to how hard it is to refi out a hard money lender, this will depend on leverage and any value you created. 

These factors combined have contributed to a situation where rents are low for 2/1 units and SFH prices are high for 3/2 or 4/2 houses.The house itself needs some general work, and I am comfortable estimating the costs on that work, but I am not sure what it would cost to turn it back into a SFH.

I also believe though that the market in Port Moody where the condo is will appreciate more (seems like this isn't something I should factor in according to my BP reading though)FIrst time post thanks for any questions or guidance in my new realm of investment!

They generally dont care about your gloating, just what you can do for them and how it impacts their life.The message of the mailer is important, but you must also factor in WHAT you are sending them ,the medium, AND making sure you are consistent as well.Hope this helps a bit! 

Lots of cool factor!!!

Why not factor a credit in for granite/quartz when you go to sell?

Project management is another discusion but  it is a large indirect factor into why low income properties perform poorly. 

I see the risk factor in investing in JC compared to Binghamton, that's why I feel staying close to the pharmacy school could mitigate some of that.

Depending on a number of factors regarding the property in question and your personal financial health.