The story I got back from him was he gave another will to his secretary to copy, and apparently she copied to wrong one, and he didn't realize it.

-S.C.5.983.028Colorado Springs, Colo3.125.659Nashville-Davidson–Murfreesboro–Franklin, Tenn.1.007.6710Tulsa, Okla.7.541.0211Seattle-Tacoma-Bellevue, Wash.2.346.2112Spokane-Spokane Valley, Wash.3.504.9713Austin-Round Rock, Texas4.044.4214Miami-Fort Lauderdale-West Palm Beach, Fla.3.105.2815Little Rock-North Little Rock-Conway, Ark.7.001.3716Denver-Aurora-Lakewood, Colo.1.756.5417Orlando-Kissimmee-Sanford, Fla.1.246.8818Toledo, Ohio5.162.9519Columbia, S.C.5.073.0020Palm Bay-Melbourne-Titusville, Fla.1.007.0021Jacksonville, Fla.4.733.2022Durham-Chapel Hill, N.C.5.182.6223Providence-Warwick, R.I.

Ask to view the house, take picture of everything and post them on BP.If the plumbing drains, sewer and water piping are in bad condition and there is no water volume when someone wants to wash dishes, take a shower of flush the toilet and brush your teeth as the same time then replacing all your water piping, drains and sewer could cost $40,000.You need to know if the house has enough wall receptacles to handle a microwave and all the electronic gadgets people have today.

My 18 yr old is just getting comfortable with using a washing machine-- so no way most of these kids even know how to use an oven or burners.  

They hold the key to fixing the housing market, but seem to keep waiting for a silver bullet out of Wash DC.

I've thought of the bandaid analogy myself quite a few times with this property.The $1200/mo is P&I and expenses (tax, ins, repairs).If we ignore the recent depreciation of the property, and assume the tax incentive is a wash, then I question if I'm actually losing money in the long term.

my first rehab took all summer while i was in college...actually into fall semester, i still was washing dishes out of my bahttub bc i didn't have a countertop in the kitchen....i paid too much for the house, overdid some of the rehab, used the wrong contractors (read cheap, but not professional)..i still have it as a rental, but man did i learn a lot over there!

Originally posted by "**********":Jer,I always read hundreds of posts by younger newbies who buy a coarse and want to jump in full time and become millionaires.Usually they have been brain washed to not only believe that they can get rich in RE with no capital, no money down, bad credit etc.

That would come out in the wash.

The only out of pocket is escrow for tax and insurance, which should be a wash once the paid off lender issues a refund of that escrow account.