The answer is very important because it directly determines your and the seller's rights under a Wisconsin WB-11 Offer to Purchase.Take a look at the boilerplate on page 4 of 9, lines 206-211.

The realtor can check out properties you are interested in making offers on to determine that the neighborhood/property are worth it.

I want to buy a house but I haven't had a job in years.I'm just starting to make money in my internet business and I'm working with a partner putting together lease option deals.In the next couple months, I fully expect to have at least $50K in the bank and at least one LLC setup for my business.I was thinking about doing a lease-option but I'd much rather set down roots and just buy a place.

So, knowing whether I was buying from the original owner of the property or whether there was a quick title change to a wholesaler during a double close would be very important to me, regardless of whether I was happy with the property and price.Just another take on the situation from a rehabber's perspective...now, all that said, I'd be surprised if you couldn't have determined this information based on the title search, the contract and the closing documents...

You could start by going to your county website and seeing what they have available online and how it's indexed.If the owners haven't been foreclosed, then there's lots of info her on BP and the internet how to find missing people.

From what I've read, though, the IRS looks at tax returns to determine the legitimacy of a 1031 exchange, and so I don't need to worry about what this Preliminary Change of Report says; is that right?

I wonder how many ANTI CHRISTIAN internet movies have been made by Muslims?

A good place to start:http://www.biggerpockets.com/renewsblog/2010/03/10/determining-maximum-purchase-price-mpp/

Shaun, I read something on the internet that said if you post an add on craigslist asking for bee removal, some beekeepers will come out and remove for free.

The way I am leaning towards is to look at it in a combination: look at number 1 and determine that it is both cash flow and net income positive, and therefore since the equity would otherwise be doing nothing that this is the good use of the equity (a positive vs. a zero), then to assess if the second property is a good decision based on number 2, and make the decision the same way I would make any purchase decision.