Our HOA is considering buying the lease so that the entire condo will become fee simple.

- If you are putting an offer in on a property to get that property under contract, part of the contract is that you put up earnest money.

They don't care about the 20 year old HVAC unit or a 10 year old roof.

Keep them coming :)

Who gets blamed for and/or has to handle the following unique to nonfamily roommates:1) Missing personal possessions?

Its a 12 unit building so lets say 2 persons per unit . 60x2=120 a day per unit 120 x 12 units = 1440 gallons Depending on area lets round it up to an even 2000 gallons . 

I recently acquired a commercial mixed use at a great price and now that it’s fixed up, it’s worth considerably more and cash flowing well. 

Is it like the following:a)  Make an offer on a 5-unit that the Seller acceptsb)  Do my inspections, come up with gameplanc)  Present the lender with final gameplan, once approved then proceed to closing & get the keysd)  Have XX days to convert to a 4plex?

One month vacancy can eat up all the cash flow.

@Matt Schreiber I broker STR deals up and down the coast here in Myrtle Beach and North Myrtle.