A 20% margin of safety is good enough for the banks so it would be good enough for me to ALMOST always recommend buying instead of renting...the biggest risk in life is not taking one ;)

We let the buyer/agent know up-front that our utmost concern is safety.

That data is then analyzed by the underwriters and they determine what will be insured and what won't be.The extension/withholding/determination of premium is based on the construction of your body and what is going wrong with it in the same way as how the premium for car insurance varies on certain types of vehicles based on their safety records and crash history."

People who could have bought a modest house bought much bigger ones using pay-option ARMs that did not reflect the true cost.

In-wall AC and under-counter dishwasher become part of the real estate in some areas, since they are attached to the real property and removal would have safety issues (wiring under dishwasher exposed).

It does not matter who was first to send in an offer if this is an arms length deal and the deal wasn’t set up to get a buyer first before the investor stepped in.

Much more accurate.Your OP stated your other tenant left within a week, and she was afraid for her safety.

I bet not, I bet you thought that posting such a situation would fire up a bunch of landlords and get them all excited and up in arms that you hadn't paid any rent for three years, owed over 30K and then have the audacity to ask for a credit for a few weeks while the bathroom was repaired!

I'm searching for any updates to this & will post what I find)For reference, in regards to FHA loans purchasing property from relatives or other similar situations...Non-Arms Length Transactions:Non-Arm Length Transactions, or as FHA refers to them as Identity-of-Interest Transactions on principal residences are restricted to a maximum loan-to-value of 85%.

How and when you'll be able to get from short term financing and into long term, if you plan on keeping it.Lotta people out there today who planned to exit their low interest ARMs before they reset.......