Btw, my neighbor got one--dang they're ugly!!!

Hi all-I'm in the Seattle area where everything appears to be clad in gold, including the cardboard boxes from Amazon, which explains why it's so danged expensive here for real-estate.

The letter instructed me to send an invoice of money owed and to hold litigation. 

Andrew Lapham You technically only need to season for 6 months before you pull cash out although a common overlay that many lenders have is that they want to see 12 months of payments on a private mortgage.If you're going to be forcing a lot of equity through renovations, it would be a good idea to hang on to all of your receipts and invoices for a couple of reasons. #1 It might be helpful to have those invoices to justify a steep climb in appraised value from purchase to when you refinance over a relatively short time period.

As a current/prospective owner under contract to buy, you might be allowed to see the annual budget and profit and loss statement, but the board is not required to show you bank account/ invoices/ etc.

For all that are curious, here are the 3 explanations I got:Explanation 1 said there was a leak (notice the actual invoice #2 does not support this):"Well we couldn't get the gas turned on because of bad valves and unions that was the $100 charge, nothing to do with the agreement it was a service call and we can;t have gas leaking out into unit."

When we need a new roof, foundation work, or some other big items, we can often negotiate with the vendor/trade to take their money at closing.....So they give you an invoice, you give it to title/escrow agent....when to closing happens....they pay off all the invoices and give you the balance....just like they might pay a mortgage company if you had a mortgage.

Scott , we actually started our own gc business and secured the proper licensing so we could invoice the bank directly.  

.- One that provides great reports of profit/loss and any invoices coming in and out- One that can handle 70 properties but can grow with you. 60 of the properties are residential homes but about 10 are multi-family (need to be setup little differently because of shared utilities/space) and couple of commerical ones.Would love to hear your thoughts especially from those who can relate or have used any of these.

Also, the work has to be done by a contractor with an actual invoice (you can not do it yourself and claim a $$ amount)