Thank you in advance Hi Michael,I'll address the scratching issue.The LVT WILL get scratched on move-in/move-outs and from random things being moved on it over time (plan on it).If you use the click-lock type replacing a single scratched piece will be a bigger (more costly) job than if you use other types.Replacement of a scratched piece (vs the whole flooring system) is a repair cost.Also, if you plan on getting 27.5 years of use out of that floor--it might look very dated way before then.Tastes/trends to get market rent seem to change about every 10 to 15 years (colors, etc...).

While each bank will have its own requirements, a typical scenario would be minimum 20% down, 5%-6% APR locked during the first 1-7 years and then changing to variable rate, and amortization of 10-20 years. 

Do you need to lock in long term debt? 

Now I get a sinking feeling, go out and look at gas meter, yep there is the lock. 

Hi Daniel,A lender that I use all the time just locked in my client on his investment property at 3.75%.

Do you happen to have a basement with potential for a lock-off or separate entrance?

The landlord said he would change the locks so his father wouldn't have a key.

I recommended if that was a large concern that she get a Guaranteed Universal Life policy and lock her low rate in now and keep it. 

It's always some minor bullet point in the senior underwriter's rulebook that they can't overlook (especially the big banks) It's always after they hard check your credit score and you're locked into contract.

There are locks that you can rekey by yourself.