While the tone of some of the posts is a bit harsh, the advice is in my humble opinion right on track.You're in a tight spot right now, and I wholeheartedly agree with those who suggest you'll have to work your way out of it.

My father lives in a 30+ year old building in the Ozarks of MO where the weather is not nearly as harsh as Buffalo...and he has to do his roof every 10 years.Also, you mention there a lot of foreclosures there.

Wow, some harsh words and generalizations for poor Realtors.The problem is that Realtors go to school, get their license and then begin working at an office and that is it.

Not to be harsh, but I had to learn this business rule the hard way.

Dan, As your real estate learning moves forward you're facing the harsh reality that this can be a tough market for beginners -- and those of us who have been around a whole lot longer -- but the best thing you can do is believe in yourself and not give up on the dream.

If you don't have the capital to factor these in, you should not be buying rental property . . . sorry to be harsh, but this is one of the fundamental failures of new landlords.

Stick to your guns and offer what you want to offer.Finding a great realtor or mortgage broker or lawyer is kind of like dating...sometimes you have to go through a lot of rocks to find a diamond.A good Realtor will communicate with you, provide you with information and insight and present whatever offer you feel is best for you.I wouldn't go too harshly on them for showing you homes that may not fit exactly what you are looking for.

Fight it and you won't get another loan like this.Rates and terms are harsh.

[actually this specific case may not be the best example b/c according to case law in Massachusetts, negligence with safety and locks tends to solicit particularly harsh penalties from the judges, but you get the point.]The difference between this protection and that offered by having the LLC own the property is that this protection may shield you from liability that you can show was "property management-related" if the LLC is clearly a property management company.

On some people, he's short and harsh.