Old outside accesses were too small to get our fat assets thru anyway,,,course that may deter some.

They don't have the motivation factor (other than making fat stacks as Alex says) that Sean has, but they more than make up for it in their content and guests.

That is definitely a factor for looking at this one.However, I'm just not certain there is enough 'fat on the bone' from this property to justify a $100,000 investment.

hi kenneth. no, these are not specific to ny. these are guidelines that i followed to get the info i needed. granted, in other states, the " release of lien" or " release of mortgage" may be called something different, but the procedure is still the same. a few years ago, the feds put a limit on the number of foreclosures that a bank could put back on the market. that prompted the banks to put just those better, or more valuable houses up for sale and sit on the less than desireable ones. eventually, the banks come to the conclusion that these " junk houses" not only made their books look bad, but they were never going to get what they needed for them anyway. and, foreclosing costs even more money. so they release the lien. it gets it off their books, and takes away the liability for the house from the bank. yes, it puts it back into the owners lap free and clear, but the bank has to cut the fat somehow. so, they have to file something to release the lein, with the register of deeds or who ever it is done with in their jurisdiction. this is what you want to look for. 

Again. any college book store, Personal Finance 101.Understanding Micro Economics 101 will allow you to better understand business, valuations, how goods and services, including real estate is valued and the basis for legal aspects fair consideration, dealing and interests.This type of education is the bone the meat grows on, without it, all you're doing is chewing fat. :)  

That gives him 9 1/2 months to rehab and fill the unit before seeing a drop in income from his projections.I understand that in reality that money will probably have been put to work somewhere better than a fat pile of cash in a savings account.

The shower is an almond/beige color.

Unless your bank accounts are really FAT, this is not the time to being a 3 year self-study course, especially if you have a family.REI takes T I M E to develop and you're going to need a means to pay the bills while you acquire the new skills. 

I like a nice fat border of mulch or rock, with drought-resistant plants.

If it's fat and busting buttons, I have a big smile :DI keep it relatively simple.