Various Updates

There are some various updates I had mentioned before and just wanted to give some status:

• 2 refinances:  1 is complete and the other is underway. We're looking at a large chunk of cash coming from this one to help buy future properties.  I probably won't bother posting about it other than this.  To keep some level of privacy, I won't say exactly how much, but it's enough to purchase 2-3 more properties at our current level alone.  Pretty exciting.
• Property #11 and #12: I posted about them in separate posts, so no need to mention them again.
• Property #13-#17/18:  Turned into just property #13.  We drove by the properties and noticed most of them had what looked like serious foundation issues (Huge cracks on multiple sides).  He is going to have a really hard time selling them for more than about half of what he wants.  As I've mentioned before, our model is more turnkey type investments.  We don't want anything more than carpet, locks, paint, etc, type stuff ($1k-$2k tops).  Dealing with any type of foundation work (even if we got a good enough deal) is just not in our interest right now.  One of the locations was an SFR that we are purchasing.  So instead of a possible 6, it's just 1 out of this lot.
• Downed Tree:  Again, pretty uneventful like we like it.  the neighbor offered to split the tree removal (even though he didn't have to), proving that good people are out there.  Cleanup and repair was only ~$500, so we dodged a bullet with that one.  We have insurance of course, but who wants to deal with that whole process?  If that tree would have fallen a few feet further to one side, we would have had a duplex (and not the good kind) :)
• Foundation Issue:  Still an open issue that I'll post more about later.  Still unsure if it's a big or little item.

I think that was it.  It's been a busy last few months and I'm glad it's winding down.  I prefer it when the majority of my time in real estate is spent looking for deals.