I know it is intended to tug at our heartstrings but unless someone can create a new system to avoid risk, then what else is there to do?

I am an hvac contractor in Richmond va and depending on your climate you also might consider disgaurding the system all together and installing a heat pump so it is included in the electric bill and is one less thing you have to worry about.

Versus if the bank knew the investor had money they may not be willing to negotiate.

I would've had about 7-8k into this house if I had bought it and put in new HVAC so my question is would you have: 1. put the new HVAC system in and increase the # of years of the note for a higher price 2. put window units in and charged around 12.5k or 3. not put any money in and just sold it as-is for a cheaper price?

It's seriously easy / inexpensive versus what your doing here make yourself the agent and elect at least 3 other motivated people that care about the project ... they become board members.

Yes, probably uncooperative junior lien holders, or the bank saw that the seller had additional assets or a good job such that they could effectively go after them on a deficiency judgment, versus the SS where the seller was probably negotiating hard to be fully released from the debt.

Here arena few highlights that you should check:- Accessibility- once you get over a certain number of units a % of the units must be accessible- fireproofing in between units- includes walls, ceilings and floors- sprinkler system- if second floor- need two enclosed staircases- parking as someone mentionedBottom line for me was my estimate of converting an easy 2additional units was $30k.

They both said I met all the criteria but Fannie's system rejected the app both times.

It seems that, in both these cases, the systems are designed around locating properties and finding investors, using third-party resources.

I don't have a specific system in place but I do monitor the classified and all the listings on the MLS on a daily basis and basically keep track of things in my head.