Kelsy,When you get inside, pay attention to how high the windows are in the basement, and any evidence of water.

I always use $150/month for everything from snow removal to saving for new water heaters.

They could decide that these "disguised credit transactions" were originated in an attempt to evade regulation in which case some court is going to give the borrower the home and all the money they paid toward it (perhaps including lot rents paid) in damages. 2.

You need to test the waters first then, once it goes well, you'll be buying more in the future.

We do have gas furnaces and water heaters, and I've never worried about those either.If it was me, I wouldn't switch it out.Although you just reminded me that I need to buy CO detectors for those two units.

Having documents that have been locally blessed with legal water is an expense much like buying a good saw.

You would likely be very upset if renters damaged the improvements you made and if you rent it longer than the 2-in-5-year condition for the tax-free gains, you'll end up paying taxes on the large profit when you do sell.

Then...our other tenant calls and says there was "water everywhere" this morning in their 2nd floor bathroom.

I am not an expert, I know this based on having a Sandy damaged property in NJ.

I suppose you could try to do a lease option, but same as with a sub-to, good luck finding a lease holder wanting to make payments for x years toward a down-payment on a house that will still likely be under-water.