They are going be transferring the title to me in the coming weeks (actually to the LLC that i am in the process of forming for tax liability and protection purposes) and I have read and signed the contract which assures me of a clean title and title insurance and i have already checked the property records and the taxes are all current and I have copies of the sheriff's dead, quit claim dead and proof of auction where the property was purchased by the REO.

If the pipes break and cause damage to either side you can be assured you'll probably be sued.

This fix&flip property is almost at the same street like the first one15.Avenue du Lac, 21 000 Fontaine d'Ouche Dijon, purchase price 31.000 T2 (real value 50.000euros) * i saw the same apartment one floor higher, absolutely the same which was sold for 50.000 euros.1bedroom, 1 bathroom, 2 covered parking places,roi 12%This apartment does require some reconstruction for about 5.000 eurosI can sell it in a short period (6.months maximum) for 55.000 euros or more.So it allowed capital gain + -15 thousand, than i can repeat one fix&flip, until the first rental property assures  an income of 500 euros per month.

.- You have to assure the seller that you have enough cash to manage the property (I'm assuming you're talking about rentals).  

I really wanted someone keeping the loans in-house locally so that I could get an assurance they wouldn't call the due on sale clause - just not willing to risk trying that after a loan is sold off to a bank I don't know.     

The ONLY way I would be assured that some RMLO bunch was compliant with Dodd-Frank is by seeing a copy of their last brokerage examination.....because they have no clue if they are really compliant and neither would most RE attorneys.

Screening is the tool of choice in regards to either eliminating section 8 applicants or insuring you get the best quality, whatever that means, in section 8 tenants.You may be assured you will get the HUD portion of rent but do not count on the tenant portion. 

There are 3,141 counties in the U.S. and each one has some method of taxing and assuring payment. 

Used US Assure.

It's for your own peace of mind to be assured that you know going in the condition of the building and any costs that may be associated with repairs.