Hey Jon Klaus, I would agree with Ryan about talking with the city's engineer or someone in the P&Z dept.

In addition, if anyone in the deal is relying on a bank, the bank can squash the whole thing simply by saying they require a security interest defined as X, Y, & Z: if that exact type of security interest cannot be transferred to the bank, the money doesn't get loaned.

I would say remove bad apples ASAP.Make sure to calculate one or two month vacant unit in your purchase price.Example:~~~~~~~~~~~~~~~~~~~~~tenant x monthly rent is $750 tenant y monthly rent is $750tenant z monthly rent for $600 $2100 off your estimated purchaseFYI: Some clients included legal fees and estimated cash for keys        off their initial purchase price.

Originally posted by Richard Z.

Shift your to do list from "read this chapter" and "listen to X podcast" to "talk with X agents/owners", "analyze Y live deals" and "offer on Z properties" by specific dates.  

Might call the P&Z office and building permits, most likely you'll need a demo permit.

@Anthony Z., at any given moment, there are MILLIONS of properties for sale, and further MILLIONS that the owners are THINKING about selling, for a vast variety of reasons. 

For example, they require that xy and z are in good working order and working order is quite specific and strict.

Hi Dani,A lot depends on what is outlined in the lease agreement.

@Priscilla Z. and @Lowell M.