My guess is that if it's not from a ceiling leak, it's probably from the HVAC unit or a drip line.

If you are keeping this as a rental I'd factor in some repairs down the line, HVAC, water heater, etc.

I don't know how I missed that the offer is on a short sale, it's in the first line of the original post.

One thing I have seemed to notice is because S8 is currently CLOSED to new applicants, the current voucher holders seem more motivated to stay in line.

The upside of the property management salary is that I already have the financing and capital lined up to continue growing over the next 18 months even if i quit the day job.

I have a home equity line of credit for up to $100,000.

If this happens and it's getting to the dead line, some may walk off, this is another issue, but generally with smaller CGs you don't have a history with.

So he has a set amount of money he wants, to bring a buyer for the note into the deal would mean your current note holder would have to take a deeper discount than what is willing to give to you OR you don't get to realize the discount he wishes to issue since his number is likely a bottom line number.

I've not thought about packing the trailers so tightly, but I guess it would be 0.1 acres per trailer which would be similar to a zero lot line for a stick built - so not unreasonable.

I was thinking that the income line for the property would be generated from the following:INCOME1.