When I called them and asked for specifics as to what was wrong, the LIED about it and made something up when they never even inspected the dishwasher.Needless to say I moved my properties, but the Specialized brand is forever ruined for me and I would stay away.  

There is simply way to many things that can go wrong building a new home with zero experience.

Hello,Thank you everyone for the input.Please correct me if I am wrong I will use the 200k, 80% to pay back the Heloc loan (165k) plus 30k in repairs and renovations, a total of 195k, minus closing cost.My question is where do the $50k , the 20% goes to?

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

And some special interest provisions are just wrong.  

If it's wrong, you have no recourse.The biggest problem that I have seen in 40 years of tax sales in Texas does not involve recorded or unrecorded liens.  

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

No wrong answers, just curious.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

There are so many things that can go wrong that have nothing to do with you.