Also, our insurance company ruled that the cause of the damage was a "maintenance" issue, not a "sudden event," and that's why they denied the claim (the drain lines under the toilet had basically started to rot away, and leaked massively once the main line backed up - and the building is only 43 years old!).

Had to replace a drain field about 3 years ago at a different property that was about $2500.

. - if the alternate investment is real estate 1031 might help you eliminate any immediate tax drain). 

People are not careful and run too much grease down the drain and sewer clogs up, or baby drops a plastic lid in toilet that plugs sewer, $1200 later the plumber fishes it out after sewage backed up and ruined $1000 of carpet.

I think some lenders will require the reserve to be in their escrow account so you want to drain the reserves.Joe Gore

As you have to put your EM up and you have to have legit POF and corp docs and close in corp docs name.so for the average guy wanting to flip or double escrow or whatever this can be pretty cumbersome.based on that we have gotten some spectacular deals.. but again I shop in 12 markets and only 3 are worth the others are not worth it the prices are too hi and I can go to court house steps pony up my cashiers checks and do just as well much quicker without the Brain drain of navigating their system and the FLUNKY closings companies they use..

You're more likely to waste precious time and drain your funds in holding costs than for the average tire-kicker to follow through.

Working for 45-minute stretches (give or take) instead of for hours on end will ultimately allow you to clear your mind, grab an occasional snack or meal, and stay energized to meet your goals.Social Media DistractionsThough it may feel like staying plugged into our social media accounts is a necessary part of our jobs, the constant alerts and updates just drain our time and energy.

The tub looks to just be sitting in the shower area and any water then doesn't go into the tub (and drain through the tub drain) simply flows to the shower drain

They said there had been leaks when the water was on, so I got the water turned on in my name and ended up having to replace 2 toilets, 2 faucets and snake most of the drains.