Originally posted by @Charlie Fitzgerald:You are on a slippery slope here regulations wise.  

Charlie, we are going to sand and revarnish. 

Alongside @Charlie Fitzgerald's  comments, above, you can tell what the local housing allowance is by looking up the BAH rates by ZIP code.

Thanks for your insight @Charlie Fitzgerald ...given the difficulty in winning a bid against cash, is it possible to purchase with cash and then go on to apply for an FHA loan after I've purchased the property? 

Originally posted by @Charlie Fitzgerald:Lenders will usually want to see a Private Road Maintenance Agreement executed by the property owners that share use of the Private Road. 

I read Charlie's post above and love his math and cannot argue with any of it.

I am with @Charlie Fitzgerald - everyone's situation is different depending on depreciation,  etc.. 

Originally posted by @Charlie MacPherson:@Bryan Barry  If you intend to assign a contract, you most likely need a real estate license that is attached to a brokerage.  

Originally posted by @Charlie MacPherson:Just to add to the misery...We just found out that neither Dad nor Mom were ever probated.3 of the original 9 siblings have since passed, we believe at this point, intestate. 

Charlie MacPherson If an LLC has the property under contract can you sell your LLC to get your assignment fee?