If they're as profitable as you claim then their cost of equity capital is probably pretty high.Any idea how much that revenue cited above yields in profits net of expenses?

Might be paranoid, but being remote (and probably not a plumber, electrician or builder, but I'm just guessing), an internal issue of magnitude could cost you far more than those $2,500.Would be very interested in hearing how this all turned out - good luck, stay firm, and DEFINITELY ditch that guy, I'd say.

This exception to repayment applies to the year of disposition and all subsequent tax years.EligibilityA taxpayer may not claim the credit if any of the following apply:The taxpayer's modified AGI is $95,000 or more ($170,000 or more if married filing jointly)The taxpayer is eligible for the District of Columbia first-time home-buyer credit for 2008 or any prior year (Form 8859)The home financing comes from tax-exempt mortgage revenue bondsThe taxpayer is a nonresident alienThe home is located outside of the United StatesThe home is sold, or ceases to be the taxpayer's main residence, in the year of purchaseThe home was acquired by gift or inheritanceThe home was acquired from a related person-Steven

Also you should attend other networking groups such as Business Network International and Chamber of Commerce.

What typically causes pipes to break from freezing is if this area were to freeze and expand downstream would continue to expand as more freezing takes place and unless their is an open faucet to relieve it, internal burst pressure limit will fail, usually a pressure buldge or sweated joint comes undone.

It won't make perfect sense to you until you run them yourself and really internalize it.

"Borrower absolutely and unconditionally assigns and transfers to Lender all the rents and revenues (“Rents”) of the Property, regardless of to whom the Rents of the Property are payable.

@Pat L.In my "other" profession, I have built data centres, international communications networks, and delivered multiple software products.

We take 50% of gross revenue as the threshold in which all operating expenses + maintenance/CAP-ex and PM allowances must fit.

@Ben GriseDo you operating expenses include:a) Allowance for maintenance: 10% gross revenue;b) Allowance for PM: 7 - 10% grossYou should also make an allowance for vacancy (8.33 - 10%) in your revenue projections:i.e.