Keeping.....Richard Davis, owner of Trademark Properites, star of Flip that House and easily the most famous flipper in the country had this to say at the end of one of his shows where he rehabbed a multi-unit property (the big gray one) he owns.

There isn't one - it's a gray area that will only be answered when there is a lawsuit.

It can be used for other purposes but that is more in the gray than an option.

Lots of gray days in the winter with plenty of rain.Wine country Salem and north.

Even if there is some gray about the lien being enforceable its presence could bring the others to the table for a settlement.Note the person blew it and the bill for their education has not been determined.

Much can happen in the gray matter than will dictate the ultimate success.

I just have a bit more gray hair than some other RE investors.

Jay Gray Holding & Gray Investments, LLC p.s. some of these Detroit neighborhoods still have solid sales (non foreclosure) up around 75-95K so you do the math if you're picking up minor repair homes for 15K and they bring in $800-$1025 a month.

What they pay should not look like a simple X% commission.Yes, a gray area but that is how the law sometimes is.John Corey

Thanks John,Yep thats me as of 2 1/2 years ago at 49.....so there are a few more gray hairs in place!