If the walls are covered to the ceiling with that stuff then I'd say adjust your offer accordingly.

But now it's "Save $45/mo by switching to an adjustable rate mortgage!"

If not, adjust/ renegotiate your offer or walk away.

I can proof you almost every property to be a great or horrible investment - just tweak vacancy rates a little, adjust rent, reserves for capex and expenses for repairs and viola you have the bottom line you want - good or bad. 

I have a landscape background so we wouldnt have an issue adjusting the grade to the house and tiering the back yard, adding drain tile etc if we decide to move forward.

The surrounding towns have been adjusting to the news as well.

These loans a generally more flexible but carry a higher rate, or sometimes an adjustable rate, or sometimes they are 15 year mortgage....and sometimes all three.

An attorney attempted to arrange a loan modification, and advised my mother to stop paying the mortgage payments.One thing I did understand correctly was the gentrifying trend of the neighborhood, and the house has since appreciated in value to around 890K(adjusted comps analysis).  

"No check issued".) 2: Would it behoove me to achieve my write offs this year (the year I need them) and quitclaim the deed from my LLC. to myself, converting it into a primary residence down the road (adjusting my basis with the improvements and repairs) and only allowing potential litigation to attack my free and clear title for this short period of renovations vs. the life of our occupancy at the property? 

(Unit will rent for $800 post move out)$629.09 (adjusted to PM :) ) cashflow with bridge loan (before money is pulled out)$1209.09 (adjusted to PM)  cashflow after bridge loan is payed off!