What determines the fact that a newly installed HVAC system (where there wasn't one prior) is only worth a few thousand.

The title insurer has agreed to insure over this item... this is an REO and the item in question is a judgment against a prior owner.

His mother died during the process of clearing these issues up and gave him power of attorney prior to her death. 

Without a survey having been undertaken and reviewed by the title insurer prior to settlement, there is no chance that title insurance is going to respond here.

Wondering what I should do/ what I should instruct my tenant to do.

Not exactly $50,000 per year - I would phrase it as I did in my prior post but I think that you understand the concept...happy to field more questions

(If you request an optional accompanied walk-through prior to vacating your apartment, this must occur no later than one week prior to your return of possession of the unit to us and only after the apartment has been emptied and cleaned.)

I spoke to one lender who doesn't even use credit score, their DD is based on the property and prior RE experience.Thanks,

I bought it prior to truly understanding my strategy, but that's how we learn, right?!

.......so did the deed transfer from the prior owner to you because it wouldn't be valid if not recorded at the registry.....?!