ugh I just saw this picture on Zillow's Birdseye view....Look at all the standing water in not only this house's backyard (with the two sheds) but surrounding yards too!

A property I was looking at is designated for purchase by FEMA via New Jersey state.It hasn't been sold yet because it is bank owned and vacant, and thus last on their list.During this period, the bank has been marketing the property for sale and it is currently at auction.Can anyone shed light on what rights a buyer of the property will have in regards to the FEMA buyout? 

He still took Detroit into bankruptcy.8) Pensions will be cut (see 4 above), but many of those people do not still live in Detroit, so the actual impact on residents is not as much as you think.9) Detroit comes out of bankruptcy shedding a crippling debt load.  

With that said are there any CPA/Legal people here that do have experience in setting up foreign investors who can shed some light on this as well as ideal states, entities and taxation for maximum benefit?

Things like: a ceiling fan, one room of custom color paint, a microwave hood, small storage shed, etc.  

@ross Ellington dropping a storage shed in the back yard and tacking on additional rent is an example of endless ways to boost rent above market after you've secured a qualified tenant.

The interest rate the larger the loan you can shed off possibly 15 to 20 basis point on the rate.

Can anyone shed some light on the pros and cons of this and what the rentability maybe?

Please if you can, shed some light on this and please share some other ways to get lending in the business side of financing that is not going to be at high rates.Thanks So Much!

I hope someone can shed some further light for me.