Mike said it as plainly as can be said.In addition, I would start a program of "safe and clean" inspections to get into that property and document everything you can... including the ":extra" live-in. Take

The plumbing and electric are really basic.If the heater doesn't have shut off valves on both the intake and outflow, it's a good time to install them.

I didn't make an offer, since I had no idea how much I should offer, plus I only have the aforementioned $2,000.A couple hours after I got home, I got a call from a lady wanting to know if I would be interested in taking her 2 BR MH as a down payment on a newer 3 BR MH.

Interested in taking a look at the properties you come across.

For investors out there who are interested in taking their real estate analysis and decision making to a cutting-edge level, I highly recommend this book.

I actually specialize in taking over problem properties and turning them around.

The tenants are better and are working toward ownership, so their interests are more alligned (theoretically) with yours in taking care of the home.I have tried to sell the home on a note and rent the land, but people are skittish about that on land/home deals.

What a lot of people don't realize, the reason why an agent won't necessarily want to accept less than that (even though it seems like a HUGE payday when the house sells), is that there is substantial risk in taking these types of listings, especially in this market.

Hi everyone watching you solving some of the most common problems in taking the right decision.

Hi,For your soffit vents to work properly, there should be no obsturctions from the intake to the ridgevent(i.e. insulation).