Which in it self deserving of a small profit.

I'm trying to figure out how to assess debt service costs when using a cash-out refinance to purchase a new investment property.I own one investment property and am looking to use the equity in that property to purchase a second property.

They are proactive about self promoted reviews and there are thousands of contractors to choose with reviews from past clients.

My business (I'm self-employed) has gone under and I don't have an income stream right now.

Reading another post got me thinking about this again.For those of you who own larger multi-family, self storage, mobile home parks, etc, anything with a "resident manager" who lives on-site--do you give you resident manager signing authority on bank accounts and/or allow them to handle finances?

It all boils down to your objective.

I’ve been told that to close the account I’ll be assessed a $95 asset closure fee and a $100 account termination fee.

The seller doesn't have any reason to object unless, of course, your alternative is delaying closing somehow.

I found a 20 acre prime land in Florida with an ASSESSED VALUE of 218K.

Generally speaking, yes.But what are your objectives with this purchase (and subsequent ones)?