Once we hit the basement we saw foundation wall cracking as well as standing water from a recent rain and evidence of water seepage over many years.I did go to a very well-respected and well-known local Foundation specialists rather than an engineer simply because I knew one and I had less than 12 hours to make a decision on the property. 

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

The market for good rental prospects ($80k-$100k) has been picked over in many respects.

I have the up most respect for a fellow marine especially the old Corps and a mortarman.

I'm going to add "Account Closed" as a new keyword alert.With respect to the tenant, until you obtain possession the numbers and condition are irrelevant.

Hopefully they begin to understand that HOA living requires a mutual respect and understanding of the other unit owners.

He drew up two different loan options. 1) 30 year fixed @ 4.625% and a PMI 109 and 72 when the LTV is 85-89.99% and 80-84.99% respectively.2) An ARM @ 3.875% fixed for 7 years with a 2% cap each year after that.

I am going to respectfully disagree with those who are telling you to stay away from properties like this.

Though wanted to make sure I have a question answer and see if is possible for me to post, following BP guidelines and also Respecting the company I work with. 

Census Bureau, mean Atlanta saw the third highest population gain of any metro in the country, behind Dallas and Houston respectively—cities with larger overall populations.