Yes, its rash - hence I've not done it as everything in my business past was massaged, planned out, to a fault.On a unit like that my inexperienced self tells me that the 50-60k is right on....and I'd assume new roof, new HVAC is needed (I drove by it).    

Make sure you have good instructions in multiple places about check out procedures.

We have a procedure to follow (i.e. either sign a lease, send it to the owner, charge renewal fees to the owner, etc.

If the procedure is wrong at all, the eviction  judge(if you get that far)  will make you start all over again.

If it is layer out right it should have a section for change orders and the procedures on how they should be handled and what needs to be done before proceeding with the work.Next, if he gave you a bid for materials and labor Then he needs to perform those bid items whether he goes over budget or not.

While you're at it, install some of those coin operated massage mattresses?   

Hi BP folks, I recently read the "Wealth Without Cash" book and Pace Morby mentions a section on the IRS website dedicated to tax protocols and procedure related to "Subject to" transactions, but I can't find it.

It was decided on a procedural technicality NOT on the law about how long before you can quiet title.

This is typically the civil procedure you'll see, but it can vary state to state. 

But you need to know a little about FRCP and procedures and local court rules.