., such as the Newport Inglewood that are capable of ripping off a 7.5 and causing extensive property damage.

Have you told him you intend to tie up his property with a contract you can't execute (no money) while you hope to find a buyer that won't rip you off?

And that one risk, is the same one that landed me a job with a local investment bank when I penned a letter directly to the chairman of the board ripping apart his old school view on education after an interview that aired on public television.April 2010: After rising thru the ranks at the bank, I realized the investment banking culture was too cutthroat, and simply not right for me. 

From the closing we headed straight to the apartment and started tossing out junk and ripping up carpeting, but not before snapping a few "before" pictures.  

@Christine Swaidan Rip it down to the studs and start over.

But I do know local managers that rip off out of state investors and such even tried on me but difference is im here locally and handle my own maintenance and such so harder to get away with overcharging me and such. let me make this very clear I do not offer turn key properties or practice unfair business practices as you seem to almost be implying but like described I do see happening nd this is why I question this cause I would like offer quality honesty and integrity where it is lacking .

I padded the repair costs a little because some of the repairs have water damage that won't truly be revealed until we start ripping sheet rock out, but I was not unreasonable. 

I'm actually going to start a new topic on this since too many good people are getting ripped off.

I wasn't sure if I can raise the rent a bit to cover myself for the winters or try to zone by ripping out the boiler and installing central ac and heat in basement for unit 1 and ac and heat in attic for unit 2.

Or just don't bother to change the registration and rip up the "contract of sale" once I am done.