After months of searching for a multi-family deal, last year I took a leap of faith (and some money from my retirement account) and put an offer in on a 2 family property that has potential to be converted to 3 family...

Family has a travel agency so it is very easy for me to implement, and would make some money back on the cost.  

But I will get pictures in the morning of the damage.We're thinking that we'll need to gut the basement and seal the foundation, and walls to prevent this from happening again.

The bill has a number of key components—including higher capital requirements, the Volcker rule (which prevents deposit-taking operations from making speculative investments), the imposition of bank stress tests (which ensure that banks can withstand a financial hit), and the creation of the CFPB—that have already been completed and implemented.

I will take your advice and will implement it.  

Seeing this happen first hand has made me want to take steps now to prevent this from happening to me. 

I like one at a time myself because I want to put it into practice right away and I feel over loaded to try and implement multiple stuff at once.

Or they may just file an interest in the house which will prevent you from getting a clean title.

Do you all have your A/C units looked at/worked on in the spring for preventative maintenance?

Kevin Grinstead you and Shimson make some really good points regarding implementing a question-based or goal-based format to Maximus.