It's a bit pricey but it worked like a charm and seems to be a great solution for this type of a situation.

Love the charm from that era, pretty arches, cute built in nooks, but look out for the small closets, structural issues behind the walls and subfloors, roof issues. 

You'll love the style of this house with its front wrap around porch, stained support pillars, black metal awning and so much charm you'll bust!

We'd love to salvage these old floors if possible, both for cost and charm...but cat pee is not very charming.

However, when we are done, we will have an updated building which is 50-70% more energy efficient than before, has modern electrical and communications wiring, meets current fire and sound codes, and still retains the charm of its era (10' ceilings, august crown mouldings, etc) .. it will also command 30% better rent and have much lower operating costs then when we acquired it.

I love real estate and come from two real estate families - both my parents and my in-laws are brokers in the Tampa and Sarasota areas.

My wife and I love real estate and want to start investing but feel it would be unwise in our current financial situation. 

The property goes back under contract with new buyers in July 2017 for $155K (Perhaps 3rd time is a charm!).

I call it like the Paul Simon song 50 ways to leave your lover.. the disclosures in these docs are 50 ways you can lose your money.they ABSOLUTLY will not protect the sponsor from lawsuits.. maybe from judgement.. but if and when a deal craters.. plaintiffs attorneys will sue .. there are firms that specialize in it.. they will find something wrong.  

https://www.biggerpockets.com/forums/86-local-real...I also suggest the keyword alerts, they work like charm in getting connected with anyone who mentions the keywords you wanted (City, interests, so on): https://www.biggerpockets.com/alertsSee you around!