All this helps to give you an edge understanding where she 'is' in her dealing with this (alleged) problem property.

aggierei,People are flocking to Texas from other states because things are allegedly so good there.

I'm beginning to look into wire fraud allegations.

In broad terms estoppel is a concept in law that prevents a person from alleging or denying facts in consequence of his own previous allegations or acts.Basically you're getting each tenant's confirmation of the terms of the lease and deposits held by the seller.In Canada it's probably called estoppel, as like most US law terms it probably derived from British Common Law.all cash

Advertised as triplex but county property search reveals it's a duplex (agent allegedly unaware of this).

C- my sh*t's in Bayview anyway, which is over a mile away from the alleged toxics. 

We were both even more horrified by the ensuing legal fees that it cost to extricate ourselves from the mess because of the unfounded allegations the 'injured party' levied against us."

Here are the two analyses: Initial Investment Purchase Price $89,000.00 Closing Costs $2,225.00 Renovation Costs(allegedly turn key) $3,000.00 Total Investment Costs $94,225.00 Financing Costs Down Payment (%) 20.00% Down Payment ($) $17,800.00 Mortgage Balance $71,200.00 Annual Interest Rate 4.00% Loan Term (months) 360 Total Invested Capital $23,025.00 Fixed Monthly Operating Expenses P&I $339.92 Financing Charges $0.00 Administration Fees $12.50 Property Taxes $197.08 Homeowners Insurance $111.86 HOA Fees $0.00 Fixed Monthly Total Costs $661.36 Variable Monthly Operating Expenses Property Management $157.50 Advertisements/Referrals $65.63 Vacancy & Collection Losses $131.25 Capital Expenditures Replacement Fund $50.00 General Maintenance Fund $50.00 Temporary Utilities $10.00 Pest Control (Optional) $0.00 Lawn Care (Optional) $0.00 Total Variable Expenses $464.38 Total Monthly Expenses $1,125.74 Annual Operating Expenses $13,508.86 Operating Income Monthly Market Rent $1,575.00 Annual Gross Revenue $18,900.00 Monthly Profit (or Loss) $449.26 Annual Net Profit (or Loss) $5,391.14I present to you such a thorough analysis in the attempt to make sure I'm not making any glaring mistakes!

Contact local property managers and landlords for a recommendation.Interview CPA's -ask if they understand "carry back loses"1031 Exchangescomponent depreciationask how may landlords and investors they representwill they go to the IRS with you in the event of an audithow long in businesswhat organizations to they belongwhat designations do they haveAre they up on all the local or federal programs for investorsI have been with our CPA now for over 30 years - he also represented many of our members at the school and fellow investors.We have been audited 3 times in 5 years and have passed all of the IRS's allegations - yea for us!!

Contact local property managers and landlords for a recommendation.Interview CPA's -ask if they understand "carry back loses"1031 Exchangescomponent depreciationask how may landlords and investors they representwill they go to the IRS with you in the event of an audithow long in businesswhat organizations to they belongwhat designations do they haveAre they up on all the local or federal programs for investorsI have been with our CPA now for over 30 years - he also represented many of our members at the school and fellow investors.We have been audited 3 times in 5 years and have passed all of the IRS's allegations - yea for us!!