But with the following checklist, you can make a better determination of what that house is truly worth, and if it is the right deal for you.CompsComps, or comparable sales, are the natural starting point for determining property value.

Given the archaic nature of the properties in and around Boston, most properties have this and what most people do is to cover it up.

As @Bryan Zuetel mentioned above, you will need to provide the details of the type and nature of occupancy to your attorney to begin the process.  

They may not like having a roommate during the winter when they are there but they have been where you are in one way or another (having a winter home and a summer home) and might take pity (for lack of a better word) on you and let you stay full time until 2020 and perhaps even give you some sage advice. 

I meant to add that hydrostatic testing is most commonly used for natural gas lines.

I am going to a direct lending originator with the agencies (Fannie Mae, Freddie Mac, & HUD), mortgage broker for financing all other financing options, and an asset manager / developer for a family office so please consider the nature of those businesses (investments in real estate, etc.) as a factor as I would assume that would have an impact on the decision.

I am going to a direct lending originator with the agencies (Fannie Mae, Freddie Mac, & HUD), mortgage broker for financing all other financing options, and an asset manager / developer for a family office so please consider the nature of those businesses (investments in real estate, etc.) as a factor as I would assume that would have an impact on the decision.

I am going to a direct lending originator with the agencies (Fannie Mae, Freddie Mac, & HUD), mortgage broker for financing all other financing options, and an asset manager / developer for a family office so please consider the nature of those businesses (investments in real estate, etc.) as a factor as I would assume that would have an impact on the decision.

New Flooring, New Quartz Counter-tops-Sinks-Faucets (Kitchen and Bathrooms), New Tile in Bathrooms, New Ceiling Fans, New LED Lighting, New Natural Stone Fireplace Feature.

If it is just an area with expected higher cash flow due to nature of tenants and lower quality area then no I won't touch it.The other factor is how much time this might take away for that expected 6,000 gross cash flow versus your other business practices.