Also, you did not mention erosion.

I go through with a fine tooth comb in the contract make sure you can cancel when you want to.

@Wayne BrooksHi Wayne thanks for replying.I looked it over and didn't see any details one way or the other in-regards to the rent pay out, only that 30 days notice needs to be given too the PM.

You go to a Borough council meeting and they mention a corner property has an erosion issue that is washing out on to the street and everyone in the room is mad about it.

Reply: Yea we think so too. The

., patios, decks and terraces that improve the value of the property equal to the dollar amount spent on the improvements or required to preserve the property from erosion).

So unless the tenant has clear photos that show the house was absolutely spotless and in good repair, he probably isn't going to get anywhere with it.It's not going to be cheaper for the landlord to pay the lien, because the tenant who filed the false lien is going to be the one who pays for the lawyers for both sides (and hopefully does the jail time, too).The tenant is also probably going to also end up paying for all the little damages that landlords just repair without billing-- but if you are going to court, anyway, you might as well include them and get them paid by the tenant.

You could act as more of a bird dog type on this deal and fish around to see who would be interested in the deal, then if you find potential buyers make sure that you collect a 'finder's fee' somehow (usually works best outside of closing).Quite possibly too the seller may pay you a 'finder's fee' as well.

I'm open to othe alternative ideas people have used when purchasing with little cash to do the down payment.

This is crazy so we as tax payers have to bail out the big 3 now:Santa ClausThe Tooth FairyEaster BunnyThis is crazy what's next a bailout for Homer Simpson!!!!!