Even if they show you “actual†expenses, these are short term numbers and will usually not include allowances for capital expense outlays which all properties will encounter, such as roofing, HVAC, plumbing, electrical.

Leave all the stickers attached and the documents inside.

If the land contract fails and she takes the house back, then I expect that a pro-rata of the loss would be picked back up as income.Any insight would be appreciated from anyone who has encountered this situation.

The house has stickers and signatures everywhere from the inspectors and the contractor that winterized the house even left his business card on the counter............My question is would I have any recourse and whats the probability that I would ever see any restitution?.........

And I've never had to make an emergency landing following a turbulence encounter (Palm Springs didn't count because we were already landing).

BP,I have noticed since I have been talking to more and more people I encounter about Real estate I seem to try to make a deal out of there situations.

If someone could detail each step they took and problems they encountered in the process that would help a lot thanks everyone

I haven't encountered that ever.

So, (not asking for legal advice) what types of clauses or information would one want to definitely include in the partnership agreement.What are some issues that others have encountered in an agreement when things unraveled?

Although it won't solve the bigger issue of why the house is not energy efficient, it will prevent the sticker shock of a $400 January bill.