Rent is still due to the landlord and is to be paid back, in full, through a payment plan that is over several months (i forget if the law say exactly how many or not).

Everything gets pushed and they forget about you as they're living hand to mouth and just need to get their money from the current job.

This will keep housing quantity in line.Also don’t forget you have amazon coming which will bring more jobs.Will the market have ups and downs - yes but long term this is a safer investment than other markets IMHO

Don't forget to ask the PM's you interview about maintenance & eviction costs!

But if you aren’t going for the views, there isn’t really a whole lot to do up there (unless I’m totally forget about something). 

Also, they are requesting changes to windows and moving walls that we think would hurt our chances of resale if they back out for whatever reason.

That would provide enough to pay the balloon, plus have a good amount left over.It's probably a good idea to run the math here and don't forget to take into account any tax implications.

Don’t forget that income was virtually tax free because of depreciation. 

If you can't properly estimate rehab costs and don't know an honest, reliable GC (general contractor) that can, you either need to learn how to do it, find someone who can do it for you, or forget it altogether. 3.

When was the roof, HVAC, Hot water heater, windows replaced?