An inspection is supposed to prevent these types of things from happening.

Its hard not to think that a letter like this is/was the result of some form of litigation from a previous transaction involving someone else and now being used as a disclosure to prevent future possible litigation.

However, no matter how ironclad the contract is, it may not prevent an eviction.

Usury law's prevent a return higher than 10% in CA for a private lender, but they require a rate higher than that.Would we have to run the SDIRA loan through a licensed broker to offer a rate over 10%?

I'd do anything to save a buck and prevent throwing my money away on something like rent.

In any case, the cost justifies prevention of a bad purchase mistake!

Working on some credit disputed items so that has prevented traditional lending.If this is something you would be interested in let me know.MODERATOR: PLEASE, NO REQUESTS FOR FUNDING IN THIS THREAD.

--preventative maintenance inspection schedule.

How to prevent this?

I only see this working well if you intend to sell to a retail buyer when the market rebounds. the poor cash flow would prevent many investors from looking at these properties.