The one I had last week ripped as I dried myself.What are the pitfalls of buying a hotel that need to be addressed if she comes back with a yes answer. 

I'm no economist, but I think that Detroit's issues stemmed from an economy supported almost entirely by the auto industry, which then shifted its operations overseas.

That being said, I am trying to carefully choose which property to bid on, and only consider properties that, if it comes to the final step, wouldn't leave me high and dry.

I know you are speaking of a SFH, but I refuse to purchase any multi-family dwelling if there is mold requiring demolition (dry wall, plumbing). 

I believe my troubles stem from these facts:1. 4 of the 5 units are vacant.

Day 15-19: Unexpected Support IssuesAs can be the problem with ripping down walls "to the studs", we found that some aspects of the house contained shoddy work with the framing and dry rot.

My favorite is when you drop a tool/plywood/whatever into a hole in dry wall trying to fix it and then you have to make the hole bigger to get it back out.I've also managed to drop a screw driver into the back of a garage concrete had just been spread in, about 5 feet below the floor of the house.

I am interested to hear people's ideas on the environment for flippers going forward as the deals are "drying up" as they say.

In a "Net listing" an agent that makes an agreement with a property owner for them to take a certain price and allow that agent or facilitator to earn the difference to a higher price is considered contrary to the public good, contrary to ethical dealing as the profit stems from the lower purchase price agreed to rather than from paying a set fee based on the owner receiving what they are entitled to.

This weekend, they came to my place to check on closing an electrical permit (which btw was never closed on a $23,000 project because I had dried PAINT on a couple plate covers) and somehow made their way into my bathroom sink.