I figured that people would see the dimmers and at least give me the benefit of the doubt, and they did.Then I got comment No. 2 on the same problem, brought in my electrician, and he saw and explained that the lights had been incorrectly wired when I bought the place.

They claimed they didn't want to tell me that my money was not in the REIT for a month because they first wanted to figure out a solution to offer myself and other customers (red flag).

I have a couple lenders who say they could "figure it out", but it would require some grey area finagling like having the tenant sign a lease personally instead of the company.So the questions is, what do I do now.

Then my husbands aunt offered to sell us her place for this cheap, and I wanted to hop on it if at all possible so thats why I am here trying to figure this out lol

Now, you need to figure out how to find deals and pay for them.

I don't know the whole story there, but it may be worth getting an explanation to figure out solutions

We would rent that house over the next ten years and then move into it once we retire.We are trying to figure out if we should: a) reestablish our current hourse as a rental and then do a 1031 exchangeb) Stay in the current house for two years and sell it to buy the retirement homec) sell in the next year without regard to the capital gain exclusiond) ?

I spend roughly $120k on my renovations, but this is for the entire property and developing the secondary suite which certainly costs more (2 new furnaces, all new plumbing, new kitchens and bathrooms with tiled floors and showers).All said and done, I personally love it.

Could not find much online so figured I would turn to BP.

First, figure out your repair costs based on the information the seller told you as well as the pictures of the property.