.- Communicated Findings: Informed you promptly about any POS violations and discussed the implications.- Negotiated Solutions: Worked with the seller's agent to determine whether the seller would address the violations or if you would need to assume responsibility, potentially negotiating a price reduction or credit at closing to cover repair costsWhy You Found Out LateThe fact that you discovered the POS violations only five days before closing suggests a lapse in communication or oversight.

Setting proper expectations and enforcing the lease promptly when necessary will greatly reduce the chances of ever needing to evict or getting into a situation where cash for keys would come into play.

I will address it promptly.  

This is what I was hoping to prompt was for many people to be able to speak their minds about their perspectives and experiences because it does vary based upon where you are and the way that you do things.

It is normal and should be addressed promptly.

Make sure they know any issue will be dealt with promptly after a phone call....why waste their time on paperwork or citations.

I appreciate the prompt and actionable feedback!

How to compete in a competitive multifamily marketA couple of recommendations for tackling any market with strong demand: - View properties promptly.

I suspect NAR and other orgs will start to go head hunting for these folks.Crap I made one post on BP about doing a mortgage in NV and promptly got turned in by someone on BP and subsequent cease and desist from the state of NV>. even though I never ever did a loan there.or States are trolling BP.. so in this instance the OP talk about how he does deals he would have no defense if in fact his activities are subject to licensure.. that's the funny part of BP folks getting on here talking about what they do and a lot of it simply is not within the RE rules.

Issues that naturally came up during closing, I was able to discuss promptly with my RWN coach.