@Shawn CrawleyUnless the nephew has power of attorney, you're going to have to get the P&S to the owner.

So rising interest rates, along with a likely coming recession, which is really due regardless of what party is in power are the 2 largest factors I'm concerned with. 

I have always gotten to know local power structures before buying any community.

I am in the process of building my power team and I have recently connected with a RE agent.

As part of the Phase II, they can drill borings beside the tank (if it's not too close to the house or under power lines) to better understand if fuel is or was present in the surrounding soil, but they cannot test the soil under the tank itself.

This part of the is more demanded in good situation right now to will be to the sellers and they are in the power position right now and lends itself to be tough for you right now.  

Maybe it was under power lines or next to a train track.  

This is more prevalent if you are in our boat and have the marbles to buy houses site unseen out of market, but be careful when you have a motivated seller and pull a house up at 1900 sq/ft and see a $ per sq/ft that you make work in your ARV*.7-rehab value.

So I have been spending a lot of time of understanding several different financing techniques and the power of leverage.

I'm in the same boat, looking to refinance a property on the south side of Chicago.