The listing agent has no obligation to present oral offers and if she does there are many elements that would not be addressed thus creating confusion and misunderstanding.

Examine the post-rehab value (ARV) of the property to determine whether you can refinance and extract most or all of your original investment.

Imagine our surprise to find "Great Stuff" sprayed everywhere, including inside the outlet and light switch cavities of interior walls!

The insurance company may cover some or all of the restoration costs.Scope of Work and Budget:Detailed Inspection: Get a comprehensive inspection to identify all areas of damage, including hidden issues like electrical, plumbing, and HVAC systems.Cost Estimation: Obtain detailed cost estimates for the restoration or rebuilding process from licensed contractors experienced in fire-damaged properties.Environmental Hazards:Asbestos and Lead Testing: Older properties may contain asbestos or lead, which can become hazardous after a fire.

You have a governmental authority using its power to hinder and regulate private transactions creating some kind of “litmus” test based on god knows whatYou have a seller remaining in a home he sold indefinitely.You have a lender that has twice filed for foreclosure You have a profit sharing arrangement upon resale with the seller/tenantYou’re performing repairs/maintenance on a house while occupied by the seller/tenantAny or all these are lawsuit magnets.If you buy a property, and the seller is a consumer, not an investor, you should NEVER do a profit participation.  

There are many different successful strategies depending on your cash, borrowing ability, rehab skills, time, local contacts, or lack of any or all of them.

Here are a few:Invest in Rental Properties:Buy Rental Property Outright: Use a portion or all of your equity as a down payment to purchase one or more rental properties.

Means we get taxed more.One or all of the above trip my trigger.   

If it's still moist inside when you open up the wall be sure to put fans on it to dry the cavities out thoroughly.

The good ones use some or all of these tips to run their business.1.