Over improving a home based on the neighborhood doesn't help us either. 

I look to develop relationships with my bankers and go from there but understand they are not the most flexible people based on the law and regulations. 

Memphis has a very strong rental base with additional growth potential in the coming year. 

Or you can refi as two separate condos, or as a duplex depending on what fits your needs, or maybe you sell both off eventually, but having the flexibility to exit and a couple different ways allows you to pivot based on outside forces.  

Based on what you have said here, it seems like your A/C damaged them, and asking for payment to be made whole seems righteous.If you pay, talk to an attorney to make sure its a one time shot, and that one payment settles the issue 100% forever, so they will not come back for more later.Good Luck!

The investors I work with here are mostly looking at student rentals near the university or focusing on areas near Fort Jackson, so there is always a good rental base here!

Based on the numbers I could probably rent for 2450.

Commissioner, 74 T.C. 1134 (1980) (“The taxpayer’s intent at the time of the exchange is controlling and must be determined.”)Courts consider the following factors in assessing if the property was held for sale: (1) the nature and purpose of the acquisition of the property and the duration of the ownership; (2) the extent and nature of the taxpayer’s efforts to sell the property; (3) the number, extent, continuity and substantiality of the sales; (4) the extent of subdividing, developing, and advertising to increase sales; (5) the use of a business office for the sale of the property; (6) the character and degree of supervision or control exercised by the taxpayer over any representative selling the property; and (7) the time and effort the taxpayer habitually devoted to the sales.

Despite the competitive nature of the Denver market, smart approaches might nevertheless lead to chances for cash flow.

I live near an army base where there is a high turnover due to it being a training post for all branches of the military.