I don't have a lot of debt, and my monthly income allows for me to set aside an average of about $3500-$4,000 a month in excess cash.I am a planner and an over analyzer at times and part of me wants to move from my rental situation to begin paying a lower price for a home I would own, and the other part feels comfortable renting while considering real estate investment.

The only new schedule would be for assets in excess of the unadjusted cost basis, but with that why not just buy a new property and get the full depreciation benefit? 

.  The first infection was a long time ago and I don’t remember the exact attorneys fees, but I believe it was an excess of $5000.

We are all learning the costs and impact to real estate of excessive stimulus and government actions and loose monetary policy.

If the answer to #2 is no, I guess the excess EMD comes back to me during closing disbursements?

My issue was that on top of the the money I put down, the 2 points up front and all the other excessive closing costs that HM comes with I now had to come up with an additional $22k(or a portion of) to get the rehab started.

On another note, even if they have excess funds for a project, it does not mean that they are willing to spend their maximum budget, they usually think that if they spend less, they earn more, usually contractors get the short end of that stick.

I don't think the HOA board is particularly interested in kicking my tenants out to the curb or fining me $100 per day, they want to get rid of excessive rental units in that community. 

@Michael Plante fair statement, but all proposals now on the table are far in excess of what I am looking to do.

(A) Any security deposit in excess of fifty dollars or one month's periodic rent, whichever is greater, shall bear interest on the excess at the rate of five per cent per annum if the tenant remains in possession of the premises for six months or more, and shall be computed and paid annually by the landlord to the tenant."