His willing to do is this transaction because he is in the Air Force PCSing to another state and wants the house off his hands.Question: How do I make sure the bank doesn't call the loan due or try to take back the house as we change the deed and insurance in my name?

New roof, new kitchen, new bathrooms, air conditioning, etc.

I'm new to BP and wanted your input on a property.Built in 19852, 2-story Buildings, 4 units in each buildingAll units are approx. 615sqft 2-Bed/1-BathAll units have central air (not common for the area)Currently leasing at $400/mo100% OccupiedLandlord pays trash/waterFinancials (Super rough repair estimates)List price of 235KOffer price of 209K90K in deferred maintenance & updates. 2 New Roofs: 12KReno of All Unit Interiors @ 5K/unit: 40KParking Lot (Asphalt) Repair: 7KExterior Wood Siding Repair & Paint: 20KSomething Else that's Broken: 10K After improvements, market rents of $500-550/mo.

I bring the proper sized air filter with me on the quarterly visits as well that way I know it's changed at least once every 3 months.Rest is mainly just visual inspection to make sure they aren't tearing up the place as well.

I am currently in the Air Force and stationed in San Antonio TX.

As they become damaged, you remove them.As far as the air filter, I don't see any choice but for you to eat it.

You need to be able for a fireman to enter the unit with an air tank on his/her back.

It's a great big breath of fresh air.

Thank you guys for your concerns, but the motivation for the seller is he's going threw a divorce an just wants to get out of the property, it has a new furnace, air condition roof, very minor repairs the house comps around it are 110,000 to 140,000 very nice area location is hot!

I am enlisted in the United States Air Force and currently stationed in Stuttgart, Germany.