I have been told by local inspectors that the city would prefer the back house be torn down, and that I would be unlikely to get any building permits approved (in essense, I would be prolonging the life of a building they would like to see go away).It is unlikely that you would be able to split the property, unless it satisfies current street frontage, setbacks and minimum lot size requirements, and asking for an exception would be a very long shot.You can't look at this property's ARV as if it were two sparate properties.

There is however very little wiggle room to keep the property positive in case of a large repair or prolonged vacancy.

I believe that we are in a  major, prolonged tech boom that will last many, many years and am interested in this market.Wondering if there is anyone operating in the area that can shed some light on the market based on personal experience?

Giving them more than 30 days just prolongs this.

How would you suggest prolonging that situation?

For instance, prolonged vacancy; damage to the property by a tenant; large repairs.4) I think what the others said above is also correct...depending on your situation, owning a rental may not be a good idea right now.

I also have the system cleaned twice a year under a service contract which will prolong the life of the unit.

How many salaries employees who bought their homes with credit survive another round of massive prolonged layoffs. 

If I put 20 percent down, it will prolong the time it will take to buy the next property.

Some questionable things happened on their end that prolonged the deal and the bank would no longer entertain a short sale.