It came with unexpected headaches during the FHA appraisal.One of the units required a stove replacementI had to paint over any peeling paint (due to lead risk).

And, of course, better choices includes washing our hands, wearing our masks, and social distancing… Existing Home Sales.

You can put properties in LLCs before the sale and supposedly that might mask it from taxes.

He required me to replace all the remaining original windows (they truly were falling apart, about 20), replace a piece of lead pipe that went from the meter to the main supply hub inside, and then your general FHA stuff about peeling paint and hand rails.

If the tenant wants me to wear a mask, I do.

But in general if you walk the property you can see if there are a lot of scuffs on the interior paint, if the laminate countertops are peeling, if the carpet is fraying, etc.

However, once you decide what type of investor you want to be, then it's a lot easier to start peeling back the onion of where, why, and how much.Hope this helps,- Steven

If a sponsor raises more money that what they needed, then they should return it as a return of capital, not masking it as cash flow. 

I will be taking a flashlight, gloves, drill, hammer, mask, and firearm.

So the policy could say “Nationwide”, but if you peel back the onion, the risk probably resides at Lloyd’s.Therefore, you are really shopping agencies, not insurers; the actual paper is underwritten by these same syndicates.