Auction.com has an estimated ARV of $600k, but we are taking that number with a huge grain of salt since any comps close by seem to be more around mid 500s.A quick plus delta of the situation as we see it:+ great location (corner lot, water front on a small lake, good neighborhood with very nice neighboring properties, close to main road).+ REO with a motivated bank seller (assuming they will be dropping their minimum each time they put it up for auction?)

If I live on the first floor and I have water damage from a shower drain pipe in the condo unit above me who is responsible the unit owner above or the HOA?

My main concern is that I don't know the weather/water patterns there well enough to know if the issues called out on the report are super worrisome and will need to be repaired ASAP or not.Thank you all in advance!

I have replaced the kitchen with all stainless appliances, new AC and Furnace, and Water heater, new sump pump, new basement grinder pump, new pool pump, new pool cover, and done a lot of painting on the main floor of the house as well.

.$65Anticipating some capex for a new driveway and repairing the crawlspace which had standing water in it.Seems like a good deal otherwise.

Then venture further into deep waters. 

These Realtors have earned the designation from The National Association of Realtors and specialize in representing international buyers purchasing in the US. realtor dot com has a filter to find these agents.

Also dont get over your ski tips.. your taking a junior position and as such you should make VERY Big interest like 20% or higher. or part of the profit.. because in essance your person is doing the deal with no skin in the game cash wise.. what happens in a water landing.. and the first goes into foreclosure can you stroke and check and pay the first off. 

Brand New Rheem Water Heater.

I like helping individuals that want the relationship long term and need help in the process.I think residential will get watered down faster with AI programs because it is not usually as complex as commercial real estate.