Purchase price: $221,000 Cash invested: $42,000 Beautiful, well maintained cape with brand new deck and fenced in backyard.

Therefore maintain a spreadsheet with the lifetime expectancy and incoming likely replacements and make sure you have that covered.

The unit has a weird layout (because of the conversion), so her son has the bedroom proper, and she sleeps in an area right off the bedroom that is part of the main living space (separated from the living room by an interior wall with an archway).Her request: "I know this doesn't have anything to do with you but would you be willing to write a formal letter stating the apartment is coded for 2 people and that my son has his own room/ i keep it well maintained."

Claimants who receivedsettlement may not claim again and no additional replacement floors will be supplied.x Alternatively, a refund of up to 100% of the original cost of the material (the percentage of the originalcost refundable depends on the amount of time elapsed since the date of purchase: within 1-2 years -100%; within 3-5 years - 70%; within 5-20 years 50%.x No representative, employee, or agent of STAINMASTER™, Lowe’s or their affiliates are authorized tomodify or change the limited warranty as stated here in.Warranty Limitations:x This warranty is not transferablex Manufacturing defect must be reported within 3 months from the date of purchasex This warranty covers only properly installed and maintained floors, according to the instructions on thepackage.x This product is sold as a Do-It-Yourself (D.I.Y.) product and therefore professional labor costs forresidential installations are not covered under this warranty.x The manufacturer excludes and will not pay for any consequential or incidental damages under this limitedwarranty.x The manufacturer will not pay for the loss of time, inconvenience or other incidental expenses incurredduring the installation and the subsequent removal and/or reinstallation of affected material.x This warranty does not cover the exclusions indicated on the package.x The manufacturer reserves the right of final judgement and may refuse claims in certain instances.x The manufacturer reserves the right to modify or withdraw the warranty at any time.x The manufacturer reserves the right to inspect any flooring claimed to be defective in the installedenvironment, either by a company representative or independent 3rd-party inspection service.This warranty does not include the following:x Improper installation or product not installed according to Novalis installation guidelines and accepted industrystandards.x Flooring installed in areas not suitable for solid vinyl plank or tile.x Lack of maintenance or improper maintenance such as dulling by soaps, detergents, harsh chemicals, dressings,one-step cleaners or wax.x Damaged by narrow tipped heels, vacuum cleaners, burns, cuts, scratches, gouges and indentations caused byrolling loads, caster wheels, furniture and chairs without proper floor protectors and furniture rests and cuts bysharp objects.x Damages caused by burns, flooding, fires and other disasters.x Staining or changes in color caused by dyes tracked from carpet, fertilizers, coal, tar, driveway sealers, oildrippings or other similar materials; faded or discolored by sunlight or heat generationx Stains, fading, discoloration or moisture problems due to use of rubber or rubber-backed mats.x Problems or damage due to moisture and/or alkalinity in sub floor; discoloration or bond release fromhydrostatic pressure or excessive moisture caused by flooding, plumbing and appliance leaks and water leakagefrom doors.x Mold and mildew growth caused by excessive moisture.x Installed over unstable, unsuitable, or improperly prepared sub floors, wet/cold floor and/or radiant-heatedfloor in excess of 85⁰F.x Different from samples or printed material in shade, color or embossing.

That is inverse proportional with the time you put in screening/placing well qualified tenants, executing and reviewing with them proper lease documents and maintaining properties.

I am a unit owner who is relying on the management company who is responsible for maintaining the building. 

My unit has a wood burner and can take time to light, Once its going its easy to maintain..

It is a great location, well maintained, and should be easy to lease.Can you afford for the currently occupied units to be vacant?

Generally you could recover all $ you paid for property taxes, and generally you can recover all the $ that you can show was necessary for maintenance, plus if you are forced to turn over rents, you can ask for the local "normal and ordinary" property management fee (provided you have a property management business license and maintained a semblance of professional business practices). 

Focus on maintaining positive cash flow and paying your debt, and 99% of the time you'll come out ahead.