Where it gets sticky is the fee.

higher riced homes will dictate a better profit of course.

They are really hot with a few of my clients.Lending sounds sticky.

I'd rather start out as LLC ownership in that case but getting mortgage might sticky?

The thing is I'm the kind of landlord that if you say x is wrong, I'm on it like white on rice, I'm not talking a week or two- I'm talking an hour to a day at most so all thier issues I resolved in under a day or so over the first few weeks of them living there.

There is not much you can do since you do not own the property (and be glad, because that is a sticky situation).

Getting into non-owner occupied gets sticky, the LTV could be lower and the rates can be higher and you may be limited to the number of properties as well.

I tend to disagree with the lawyer in that saying something is "Wood ROT" when it is an active infestation and just replacing the wood to me whether it is intended or not is "fraudulent concealment".Also they could claim you misrepresented and "adverse material fact" with the property.There is also another sticky part to this in that your wife is a licensed broker.The buyer could file a complaint with the state real estate commission.They will investigate and could sanction or suspend her license.This thing could turn into a HUGE MESS.You could tell the buyer you won't pay for anything and see how they respond.They could then sue you.

This is obviously going to be a sticky situation because no one wants to hear they are going to have to pay more money to live somewhere.

I peeled off their fiberglass mat and it is sticky, like the resin never hardened.