No harmful smells to take your breath away.  

If it's condemned it has likely been determined that it is not habitable, not worth fixing, and must be torn down.

However, if you filled out an online request for a quote or pre-approval with your bank, they would make a soft inquiry that results in no harm to your credit.Adam

Also beware that some realtors are in the habit of just looking at an automated CMA (comparative market analysis) that spits out a number - these too can be way off, especially now that the market is heating up in many areas.

Hi @Mel Rosario,Yes, I would have to say that cash really is king in the real estate world, especially when the seller is entertaining offers from investors - who have a notoriously bad habit of backing out of deals (part of the process).

Protect them and make sure they are not harmed no matter what.

You only want to make the property habitable and rent it, so you choose to use 5%/5% for the OpEx/CapEx, for a total of 10%.Just with those 3 areas, you already have 20% of your gross rent gone.  

I just don't get it, but I do appreciate that some good has come from this book.I suspect much more harm has come from it than good - and the victims who cashed in their 401k, then over leveraged in real estate and are now broke, more often end up homeless or kill themselves than come on the internet to admit what it did to them.  

The other biggest benefit is, water habits don't typically change, so if you see that water usage raises by 3500 gallons a month, good clue that extra people have moved in...

O'Rourke) when believed to be harmed by another'What's bad is good; what's good is bad' (Ward Hanigan, of ForeclosureForum)'Honey, they can take things away from you, but they can't eat you' (L.