I know when I get an offer with more than the standard few, I favor the other offers.I only have two...and they are usually a part of the standard PA anyway.1 - Contingent on my partner's inspection (this covers a quick out in the beginning if my inspection reveals problems).2 - Contingent upon ability to acquire financing with terms approved by the buyer (this covers me for both my EMD recovery and exit from the deal at the end).

That's a good way to get them to reveal if they're ready, willing and able to act on a property.Best,Barry

Eventually, the true rehab cost is going to reveal itself.  

I am not going to reveal his name yet or report him to any authorities until I get all the details.  

Personally I would stop if the credit report reveals that the owner is not paying the first.I don't know the situation around your purchase of this note, so I can't really criticize. 

Same thing with revealing any of the numbers behind them)

One criteria where you are required to reveal is the reason is if it is based on credit.  

Removing wallpaper, painting, taking up carpet to reveal hardwood floors in good shape, updating lighting, door knobs, front doors, and landscaping are all good investments that pay back a great deal, and might not cost nearly as much as you think. 

@Bob Bowling, I realize that I am revealing my inexperience here, but I am curious what you mean: if not for cash flow, for what should we be investing?

Of course during the sale of the property, the owner said all tenants pay on time, etc. but he revealed at closing that one of the tenants had not paid for that month.As written in the lease she signed with the previous owner, there can be a late fee assessed for this late rent.