That said, as you get going, you'll make more contacts and may start surfacing some off-market and pre-market deals.

Consider a banner too, placed on the home, less of an issue with kid's pranks.Another aspect, which has surfaced, if you end up in some situation with the police or in front of some judge, if they are familiar with your business being in that community you'll be treated more fairly than if they've never heard of you, same with building inspectors, zoning boards and other public officials.

The mold isn't bad, just some surface stuff on the floor joists and the little bit of drywall and wood paneling in the basement.

@Christopher McGuire What I'm seeing on the surface is an ugly deal for you...but, that doesn't mean a little creativity can't make it work.Let me see if I got this straight:1 - You have $10,000 in cash in the property already, but no debt.2 - You can only rent it at $400/month, and will lose money every month until you "unload" the property...which could be 60 payments of losing money (5 years).3 - The Tenant/buyer has agreed to buy the property from you in 5 years for $25,0004 - You anticipate losing more money over those next 5 years through added CAPEX5 - You don't want to hold the house long term.Questions:1 - When you first bought this house, what were your intentions to do with it?

On the surface it would appear to be a very good deal.

However you have to mount it and polish it, and ultimately it was more expensive than high end level 3+ quartz surfaces which were easier to install, as such I haven't used them.

He also could have done a sub2, which might appear on the surface to be all cash, since no new mtg was recorded.

In this mortgage crisis, there are alot of non-profits that have surfaced to help homeowners weather the storm, so you are able to work out of it if you are willing to work at it, reorganize your finances, and have income to work with.

Pulled the stumps with my super duty, sodded, muriatic acid on the pool surface, essentially aguttinh but notreally.

My opinion on rentals is to go with as much hard surface as possible it saves you more money in the long run.