The lead remediation alone was over $100,000 for just that portion.  4 Furnaces was almost $50K, Bathrooms were $20K, Exterior Paint was $7K it adds up quickly! 

Personally, I do incorporate that language into the lease and will make exceptions on a case by case basis.If tenants are neglectful I will force them to remedy the issue.

Maybe cleaning carpet, washing walls, whatever will remedy that.

I just walked a property where the owner wanted what they bought it for two years ago so I knew it was going to need some work... well, after the walkthrough, it was deemed a complete rehab down to studs including floor joist repair, crawlspace remediation, HVAC replace, etc.

Just like a defaulted car loan seizure (eviction) is the remedy, unlike for real property which would require foreclosure.I don't think equitable interest plays a role, both books made it sound like the beneficial interest was the sole focus.

Looking to hear from others who have successfully dealt with the mold issue - how you remediated it, how much it cost, does mold come back etc.

Given what I know it needs without even seeing it, though (new roof, fascia repairs, animal control, new boilers, lead and asbestos remediation, oil tank removal--and that's without knowing anything about it structurally or cosmetically on the inside), I'm guessing I would have to put in roughly $100k in rehab.

We are rehabbers because we remediate knob and tube, we fix rusted sewage lines, we replace a lot of roofs and add insulation in the attics.  

The closing agent is not this attorney, but he does work in the title company and oversees the closings and weighs in on them.Reason is I’ve got a transaction that’s gone bad after closing, and in seeking remedies, unbeknownst to me when I started talking to the title company attorney as a “neutral party”, I shared some things I normally wouldn’t have.I found out through the grapevine about his dual role AFTER I had the conversation with him.Shouldn’t this attorney disclose that he is also the managing broker for the seller before talking to me?

And, if so, how do you remedy that?