So that would be $8,400 (12 * $700) a year difference and that doesn't take into account vacancies.If your mother takes out a $30,000 loan to do the renovations, it will take more than four years (probably considerably longer) for difference in rents to pay for just the principal of the loan.

Thank you for your time and consideration.

I realize you only have 3000 in it but depending on the jurisdiction, a rezone could take a considerable amount of time.

Price consideration?

Are there any considerations?

Sit down and put your stuff together and then see an attorney.The perception that a good attorney is expensive in obtaining a contract has another consideration.

In my case, the board is composed of volunteers that already spend a considerable amount of their time taking care of HOA business.

I just wanted to add two more considerations:1) if you believe there will be high inflation in the US in the long run, as many do, because of the national debt, etc, you would be better off to finance your properties with long term fixed rate debt.

They have since "recalculated" their formula and they claim it is more accurate, but they are still considerably off on most homes in my area.Also, comps should only be recently sold homes, as this is the only true way to determine value, what someone else was willing to pay.

With seven years in the rearview mirror, and our real estate market looking like it’s considerably healthier, I’ve decided to test the waters again, and hang my real estate license with a local boutique broker here in Southern Utah.Straddling both sides of the 9 to 5 fence - I now find myself working from 4 AM until 1 PM at my day gig, then putting back together the pieces of my long neglected real estate website, and social network until late in the evening.While it’s a long and arduous battle to reestablish contacts… As well as create new ones, I know it’s ultimately worth it.I currently find myself trying to re-establish some high-value reciprocal links for SEO purposes.