This necessitated excavating more drywall to see how much damage there was, and, it turned out, the termites had been throughout the entire unit, even into the ceiling.

For multies that necessitate a commercial loan it is not as clear cut in my opinion.

As a side note, housing authorities will go up to 110% of FMR without necessitating HUD approval.

So think Tornado necessitating a roof replacement vs roof replacement at the end of it's natural life... 

I'm told this will necessitate a commercial loan which is probably in the 9% range in my area, right now.

R22 is available for less than 25 bucks a pound.http://www.budgetheating.com/Refrigerants-s/260.ht...There are also many alternative refrigerants that necessitate only some modifications to your system and not a total replacement.

They also pay their in-house PMs commission, which necessitates higher prices to the client. 

My current living situation does not necessitate a house and I like having roommates.  

You could not have anticipated that your mother 150 miles away got terminal brain cancer, necessitating that you move closer to her for her last 6-9 months alive, for example, or that there's mold that wasn't disclosed, which is making your pregnant wife ill.

Cons: Very high monthly payments would necessitate we rent out our ADU on our primary property which is undesirable because we'd have to invest a substantial amount to get it up and running, we'd no longer have use of it (we use it a lot for family and friends) and we are stuck in 30 day only market so the return is much lower than with STR.