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.#4: The lower the bar of entry, the more likely you end up with a lot of trash.

Checkout section 469 of the tax code for material participation tests and what it all means.

Which is probably 'code' for - real estate can be a great investment vehicle -but today may not be the best time to jump in as to returns on investment.  

We did get negotiate money from them to help with roof repair, but now know they were not honest on their disclosure.Our inspector missed code violations, HVAC issues, pipes that had been worked on and issues hidden that had occurred while sellers lived in the house, signs of drainage and water damage inside the house that had been painted over, completely blocked dryer vent...and we are finding more daily.We have had the house looked at by a structural engineer and HVAC techs that has told us we need thousands (likely tens of thousands) of dollars worth of repairs to make this property able to rent and come up to code for rental. 

You will find that government ordinances and statutes literally 99.999999 percent of the time define "owner" to include the beneficial owners of a land trust, and that the "owner" is liable for code violations regarding the corpus of the trust if it is real estate.

I am also wondering if Tax Lien Code dot com (taxliencode.com) is the same as Tax Lien Buyers Club.

Hey Joe, One thing to remember with a home inspection is they aren't town inspectors looking to make sure everything is to code. 

This ensures that your property is safe and up to code.

South Florida, their building code is one of the more stringent ones due to the Hurricane zone.