My name is Will,i do not have a background in real estate at all.Im from NYC in NY,im currently a student at 22 years of age.My Goals in real estate are as follows--Learn to invest properly a d learn the risks of investing in real estate-Obtain as much knowledge as i can from REAL investors on the site,EX:People who actually made it.

An accountant e-mails statements 2 days before deposits are made and answers all my money questions.

The codes concerning water connected to 220V that people climb into are pretty specific.If the tub burns up and/or the house burns down, their insurance and your insurance may not cover the damage if the tub was not properly wired.If you agree, in writing, to allow the tenant to repair or modify the tub and/or the wiring you are effectively putting your own head in the proverbial noose.I work on a lot of tubs at long-term and short-term vacation rentals.

I will try to properly introduce myself because this is my first post and then I will get to the point of why I am posting in the Rehabbing and Flipping forum.

Who knows, maybe that will be their next E Book ;)

If so, what is the proper way to assign the lease to the new owner/landlord, assuming the lease is freely assignable?

Mailers to Landlords who own tax delinquent multi-family properties e.

Should be an easy breakdown for those who are tracking their campaigns properly.

I assume - but please correct me if I'm wrong - that after the contract is accepted, prospective buyer can lawfully ask to provide the payment history, copy of lease and recent Schedule E for buyer's DD and verification.

There are plenty of horror stories here on bigger pockets about buying occupied rentals without doing proper due dilligence.