If they need to replace something in its entirety, guaranteed they will want to bring in another contractor for a second opinion.

In which case you are guaranteed that the tenants will abuse it.

The price per unit ($40-70K depending on whether you count the unfinished units) combined with the size of the town that the property is in (3000) pretty well guarantees that this is not the type of market where a 3.6% CAP rate would make for a good investment.  

If you read carefully you'll find there's always a statement in those listings that says "Information believed to be accurate but not guaranteed.

The biggest one is the "owners title policy" which is the title insurance to guarantee your policy.

Doreen, In the old days, you could title the home in a LLC as long as you signed a personal guarantee.

I cannot guarantee it, but I think the revised format will result in fewer bank questions.Some transactional funding companies will not allow a courtesy closing - closing with two title companies.

I can almost guarantee you the toilet has never been cleaned.

It sounds like a good deal and they are guaranteeing everything in writing, but I am still wary, especially since here in Texas, they have to be registered to do business.

If you come at me with a Zero EMD, I'll be countering it, guaranteed.