Without the Right of Survivorship in the Deed, it would seem that your contract is void as to the interest of the deceased parent (who never signed the contract) and voidable as to the child (who we presume can not perform).   

Winning bidders didn't perform, attorney didn't publish in the newspaper, bankruptcy, another bidder not perform.

I see how renting by the room really boosts the cash flow but that strategy has it's pros and cons.

@JD Martin - do you guys perform (or do you have a PM) perform inspections?

They had unqualified and unskilled workers perform several repairs that were both dangerous and ineffective.

This will also save you from an inquiry as well and give you a nice boost in points and give you higher starter credit limits which can be really helpful when applying for credit cards.

I've noticed a direct correlation between communication and performance with PMs... the minute the communication drops off, so does the performance.

85 lots x $370 lot rent x 12 x .6 = EBITDA $226,440.At an 8.5% cap rate value = $2,664,000.This is one of those deals you can make $100,000 per year cash flow with -- all you have to do is boost the current lot rent to market and you would have 85 x $100 x 12 = $102,000 cash flow (but you cannot boost them all at one time, more like $33 per month per year for three years.The big concern on this deal is the "private sewer" operation -- is that septic, packaging plant or lagoon? 

How do you know if that property is a good buy in a up and coming area or a declining area or an area that is performing so so or an area that is doing well but not performing as well as in other areas?

Greetings,For the Thrift Savings Plan account holders, has anyone performed a rollover from their TSP to their HSA?