However, upon finally gaining access to the home it appeared that the water was running from every faucet in the house.

Purchase price: $137,500 Cash invested: $1,500 Sale price: $155,000 Helped a friend stop a foreclosure on her Mother's home and recoup some of the money that was stolen from her.

I don't have a problem with you, but let's stop with the smoke and mirrors.

I filed an insurance claim on our landlord insurance and got a remediation team in there immediately to stop the damage.

You have no access to the property so you are buying sight unseen and subject to any and all liens.

And I have access to value add and multi family properties if you are still looking.

I believe this market cycle is topping, and one should tread very carefully before investing more money into an 'unsure' property.That does NOT mean to stop investing; just make sure you aren't trying to catch a falling knife in an unsure environment. 

Your victory comes when you get to that point and decide to keep going, when you want it so bad that you can't stop.

I financed this deal through a private lender, allowing me flexibility and faster access to funds compared to traditional financing.

Were you able to access the landlord forms as a pro annual subscriber now?