The last piece of advice I have is to always be improving yourself.

The appraisal report demonstrates that the improvements are typical for the market through an analysis of at least one comparable property with the same use.

It was my first purchase needing what I thought would be a $60,000 improvements but ended up being $130,000.

It was my first purchase needing what I thought would be a $60,000 improvements but ended up being $130,000.

I realized that some of the improvements were made to make one of the units comfortable for us to live in long term and that we wouldn’t get all of our capital back from refinancing.

But there is a lot of room for improvement in order to raise the rents to market rate (i.e. kitchen and bathroom rehabs, things here and there mentioned in the inspection report).

So I recently saw this link on my county website concerning LID foreclosure... with next to NO information given regarding what it is, how it works, when it's done, or really anything else on the matter. 15 minutes of google searching yielded ONLY what LID stands for (Local Improvement District).

I am constantly seeking new ways to improve my service to clients, adding new features, improving communication and documentation, etc.

As for improvements or upgrades I would consider it if they ask otherwise I don't.

If you can afford the cost and aggravation, ridding yourselfof this stinker will go along way in improving the property overall.Check your local regs and follow them to the letter regarding non renewal.