I have been told you could be stuck w/ more than one property, so it could be risky, but you can cancel any contract, at any point prior to it being signed by the other party.

The one guy that had good info was John Beck, prior to his obsession with tax lien stuff.

The property had a house, so wanted to see if there was anything prior.

This was brought to my attention by my property manager when she did the walk through with my last tenant before they vacated.My prop manager informed me that the POA had covered these repairs in the past and that she would coordinate the repair for me prior to my new tenant moving in.

Hi Dan,I currently have an SDIRA and a prior as well.

Filled one vacancy so far but literally filled it the same day the prior tennants moved out.  

Now actually collecting from them is another story....You need to get in there ASAP because if you have to go through your insurance company you don't want the scene disrupted prior documenting everything for your insurance.

The biggest thing I can think of prior to going into rentals is to have an attorney review a lease to ensure that all applicable laws and regulations are followed to protect you when you do have tenants.

In most cases, if not all, a Mortgagee will require any outstanding tax lien to be paid prior to the closing of the loan so it does not have any ability to attach to the subject property, not to mention the option to garnish wages and income, which may affect the borrower's ability to repay the debt from the loan. 4.

We have lots of old houses here (back as far as the late 1700s) and using unmilled piers (literally tree trunks) in basements was very common in houses prior to the 1930s.