Now, when an equity contract is purchased then the flavor changes as there is a cash outlay and that can impact the treatment of securing collateral and servicing.

There are some subtle things they nail you for.

I purposely want it subtle.

There are areas in my market where subtle differences in housing style, school district, elementary school or location in the neighborhood have significant economic effects.

My question is what kind of subtle or minimal event would trigger the need to pull a permit in a typical rehab other than the obvious?

Between the buyer and seller, those "life occurances" that mess things up were rather light with only two mentioned, death and bankruptcy with the reaffirmation of the debt agreement, being a good thing, if it's accepted by a trustee.Considering the marketing flavor, excepting that out of the information, considering he is an attorney, I'd say it's a B-... understand I'm speaking as to RE financing and not his legal opinions.

It's a subtle distinction, but important I think.2.)

Oatlsnds subtle taupe siding paint, cranberry shutters and front door, deck a mefium dark taupe.

Age, size, rent level, location, market and government all influence the time required.Age is obvious and has been mentionedSize of the property, the bigger it is the more time to make readyRent level, higher income tenants usually take less time to deal withLocation, driving time, meeting tenants, repair tripsMarket, higher vacancy takes more attention, ads, applications, etc.Government influences, code requirements changing, the flavor of the courts and evictions and civic actions involving your property can chew up time.Each property is unique, each tenant is different, your time expensed will be a guess at best.

The more specific you are, making what many might believe is the perfect lease begins to take on the flavor that these are the rules and what I'll keep deposits for.