You can go back to your Realtor, the Seller's Realtor and the Inspector, they all carry insurance and you can work out a solution.

There are also many more options that you could play with if things didn't work out work out, unlike a property.I would love to hear more from others who perhaps have owned or ran a somewhat successful company and now involved in real estate and how you feel the two compare.Just trying to pinpoint at which point does it make sense for me to get involved in Real Estate because if I have to watch over everything regularly and get returns less than I would in a company it makes no sense for me.I look forward to your view points.Sincerely,Brent

I mean, when companies treat their customers like that it usually doesn't work out very well.But Bill's comment makes a lot of sense, too.

If this guy does not work out, i'll be hiring a PM.

Or possible contact the father and work out a lease agreement with both him and his son on that agreement.

Work out an agreement on how to split and what he/she puts in.

Since that property is comparable to the one your looking at the comps should work out more or less.

. :)BTW, all this "contact me" and "I'll do that stuff" is really for a PM as such really looks like solicitations to assist in a deal or work out some arrangement, we don't do that in the forums, not to be a forum cop, but I do have the badge....LOL!

Dell, have you bought houses that you were told or you knew that there was foundation issues and how idd it work out for you?

I live in Seattle and was looking at investing outside of the city (Everett, Marysville if you are familiar) but am curious about out of state investing as the numbers often work out better.To get to the point of my question, how is a beginner supposed to invest out of state?