Recently, I had the opportunity to step in and finish up a rehab that was long overdue.

I talked to him today he said they paid off what they were overdue 2 days ago.

Also, what time length ie how many years are others writing the lease for?  

This might be a lengthy post so I apologize.Last March I took my first full time job as an experiential market manager in Orlando and although my job is pretty fun I quickly realized why I was an independent contractor for so long.

I think a lot of people in BP are eagerly waiting for an update from you - especially after the lengthy 7+ page discussion on things not going well.What's the update?

I have also had a hell of a time getting some major work done on my Oakland house, so I am pretty wary of contractors and getting burned by shoddy work, and lengthy timelines and delays (I'd like to think I learned a thing or two, though!).

And this brings me to the point of this lengthy post.

Also ask about overdue maintenance if the person showing you the home has that knowledge.Once you know the ARV (make sure this is as solid as possible), you can calculate MAO as:ARV  x  [65% or 70% (depending on several factors)]  -  Repair Costs  =  MOADig around BP for blog posts on the topic.

Unless the trustee wants to show up to the closing table with cash for the difference.If the estate has to go through probate, that will delay the ability to list the property.If the trustee isn't making payments, the property will never make it through a lengthy shortsale.If this was a reverse mortgage, the trustee will only have a year to figure something out or else the bank will just take the home.

If you can and you can lock in a lengthy lease, and the numbers are great, I would.