I will buy and hold the property and it has 2 units, my question is I do not have my own house (live at home with parents) am 22 years old, have a paid off car in my name though worth about 11k , and a savings account.

My goal changed from making money to changing lives, giving others financial security, givng kids a safe clean place to grow up, providing self esteem and a sence of accomplishment to young parents and assisting others in meeting goals that were important to them.

Most people who do the furnished apts are marketing to business clientele who are in town for training, In the 70's & 80's most places were furnished, but over the years as the lack of parent training of their offspring gets less and less, it became too costly to do a furnished apt.

I also was getting cash from my parents every week as to money they have owed me for a while?

Luckily there is no law pertaining to length of lease.When I'm in doubt with a new tenant I go for the month-to-month lease.Except for college students where I get the good ol' Parental Guarantee!

The seller's motivation is centered around dealing with the passing of both parents and moving into the decedents' home.

(trade names X Wholesales vs X Holdings all under the parent X Group).

I just don't know what her intentions are...would her point be to suck us dry every month, or make bogus claims and withhold her rent?

So say about $100kThe interest charge will be about $112,000 pa.And a profit before tax of about $88k Now the taxThere is a withholding tax on interest payments the minimum seems to be 10% of payment up to 30% payment if its classed as associated.

Hi:It would probably be best to bond around the lien to get the property sold.If you owe any money to the GC withhold that until he gets the lien removed.