I strongly advise anyone purchasing an old house to flip to ensure they have a clear understanding of the condition of the home's drainage system.

Investors should conduct in-depth research into local market conditions to make informed decisions.Conclusion: A Sound Investment Opportunity for American InvestorsThe German real estate market presents a unique and compelling investment opportunity for American investors.

It is in good condition, but has a lot of deferred maintenance. 

So having a borrower sign a deed in lieu AS A CONDITION FOR MAKIMG A LOAN is not going to stand legal challenge.  

This includes cap ex, repairs (will a renter leave the property in the same condition you hand it off in?

Common sources of such properties include:Foreclosures: Homes that have been repossessed by banks due to non-payment.Distressed Properties: Homes that are in poor condition and need a lot of work.Auctions: Properties sold at auction for below market value.Off-market Deals: Properties that aren't listed on the MLS but are available for sale through direct outreach or networking.The key is to buy a property at a price low enough to ensure that even after renovations, the home will appraise for a higher value.2.

I can't speak for the city itself / near the university, but up in areas like Liverpool properties are getting multiple bids regardless of the condition.

Have you considered specific local market conditions?

Those conditions don't exist any more, and the government has the right to regulate land use to try to prevent the current conditions from repeating. 

Yet, when I initiated a withdrawal, I was met with a complex set of terms, penalties, and withholding conditions that were never clearly explained beforehand.