I was going to combine several loans through one mortgage refinance on the current house I reside in.

., so it could be one or a combination of them.

I live in Fairfield California (which was ranked 8th biggest decline in prices when combined with Vallejo).

I think if you can invest in an area which is dramatically lower in price than the bubble top, has fundamentals for future growth, and can cash flow...that would be a very good combination.

Does this mean that the total gross monthly rent from both units combined is $1,500?

Combine that with a good inspector and you are good to go.

What they do is take the top 5% earners in the field that make gross over 100k a year and combine those with the few making 40k and the many part-timers or full timers who make 20k or below (which is the majority).The reality is 85% of new agents are out of the business within 1 year.Of the 15% that remain another 75% of those are out of the business after 3 to 5 years.It is one of the most toughest and demanding fields out there to be successful in the marketplace.

I think I would combine the strategies in your case.

Modern heat pumps are efficient well below freezing - once you get into the teens, that's when they really start to drop off.My understanding is that Ground Source heat pumps are much more efficient that air to air, so I would expect them to work pretty well down to zero and probably below.

My unit is fairly modern with new appliances.