Spent the day playing Lego with my son - he was building an apartment complex ;-)  Turns out he's a vertically integrated developer, we had to build our own Lego work crew, trucks, and crane before we could start the building. :-)

Understand the fine art of Contract Engineering and creative contract control clauses.Just because you have some money, don't be using all of it to put into real estate, use alternative methods of making offers;Offers subject a study period, one long enough to be able to market and flip the property; this is called cash flow without ownership.Try a Hybrid offer, this is where the seller partners with you (but get your contract right with full disclosures), with a Hybrid offer, the seller will contribute stuff, like repairing the property and put up some money for advertising and take back notes.Try a vertical break up with commercial properties, buy the building, but not the land, lease the dirt with an option to purchase it in the future.

This may avert the need for much attorney involvement beyond escrow of an insured, simple probate sale.The issue is not "how to screw the agent out of a commission" but "how to compensate the agent for assistance in completing a sale between friends"

For future reference, if one can get a hogdog dehumidifier in immediately after flooding, often significant damage can be averted.

An aggressive tenant may be stubborn however i seriously doubt they'd be able to prove up either claim of right (or color of title) along with any of the five elements required.There may be things to be concerned with when acquiring a property however an escrow with normal tenancy estoppel will avert most tenancy issues.

Do you go as far as getting five comps in a half mile radius, getting monthly expenses of all the comp properties and doing a vertical analysis to see what percent of the GOI is each expense.

Is it to avert an Alienation of the title ? 

Update: I sent the above email and haven't heard anything since - so I think the trouble is averted.

The house isn't so "specialized" that it would turn off potential abled-bodied tenants but does have a vertical platform lift in the garage, a 60"x60" curb-less shower, a sloped front kitchen sink base, roll-under bathroom sink, elevated 21" toilet, grab bars, 36" doors throughout and a W/D hook-ups on the main level.

The little instruction clarified things, I had to unfold the wall covering which was rolled onto an inflatable tube, pump it up, and this resulted in a vertical cylinder standing upright.