They won't be able to fix that problem as there is probably a small leak in a pipe or a crack in the foundation or a bit of water coming in from somewhere or moisture building up in the home.I also agree with Nathan about taking the first contractor to small claims court.

Completely agree with you on this; I'm not making any claims to the quality of these lenders here.

As long as you're filing jointly, both meeting the 2 yr use test, and either meeting the ownership test, then the full $500k can be claimed. 

Typically, the investors I work with purchase properties in their personal names and then quit-claim the title into their LLC after the deed has been recorded.Markets like OKC, Memphis, and Little Rock offer some excellent, affordable growth opportunities, and I’d be happy to chat with you to explore these options further.

@Colleen F. unfortunately, AFAIK, there is no other resource than go to small claims court and go after her, which will take me $2-3K in additional legal fees.

If not, ignore their claims!

Airbnb claims that setting up a "photo tour" on your listing will increase bookings by 6 percent, for example.  

Also if you need to go to court, usually its small claims and you don't need to hire a lawyer.7) Figuring out how to accept rental payments - most Class A tenants won't want to mail you a check.

and the property had a private dwelling value appraisal much higher than the public property appraiser claims. 

The whole "he's open-sourcing everything for the world" thing sounds nice, but in practice, a lot of those ideas haven’t exactly panned out the way he claimed they would.