There wasn't even enough room for a small piece of furniture, rendering this would-be foyer nothing but wasted space.Removing Walls Around Basement Staircase and Living RoomThese entryway walls, which used to surround the staircase that led into the basement, were the first things to go.

Failure to do so would render your contract void and unenforceable.

Fannie/Freddy has regulations that are hard to bend and if you plan on using those you would want to make sure you don't write a contract that will render your deal unattractive to the agencies.Local banks on the other hand can be a little more flexible.

The case was settled before a verdict was rendered, and then the lender defaulted on his settlement payments, as I later found out from the victim.  

Sheriff's sales are executions on judgments rendered by courts that award money damages in favor of a party. 

I’m sure it varies by county/state laws but where I’m at code enforcement has been so aggressive it’s basically rendered bandit signs obsolete.

http://www.wave3.com/2018/10/02/new-renderings-rel...I'd buy in this area.

All of those unpredictable variables would have to go into an analysis that stretches out that far and no one will get that right--rendering the numbers useless. 

If a person destroys property and/or refuses to pay for services rendered they deserve whatever fate they receive. 

As @Linda Weygant weighed out, a rental should not be subject to SE taxes unless it is short-term and substantial "hotel like" services are rendered -- e.g. daily maid services, continental breakfast, shuttles, laundry, etc.Your flips should be in a separate LLC.