We were "driving for dollars" and found a house in our neighborhood that has all the signs of neglect: tall grass, exterior needs painted, no deck on the back and sliding door is sealed off.

I was just presented with a VERY similar situation @Matt Tobler (grandma is going into assisted living, family is looking to sell -- 60,000 purchase est. value 100,000)I have the cash for the purchase, great credit and income for the subsequent refinance, a team in place to help with a fix and flip exit strategy and also a rental portfolio that is professionally managed for a hold strategy. 

I have slide a washer & dryer on it of course I was careful.

As both an agent and investor, I’ve seen the ramifications of letting small issues slide - ie any water leak.

You decide.....If you decide to not let them slide out early without penalty, just make sure you have everything documented really well....dates, reports etc.

It as only the Buy and Hold and then subsequently Notes business that I finally put myself out there and succeeded. 

The offer sounds tempting since  the group has to finance about 3M$ (the rest comes from a bank with a low interest) and the building is bought about 1.5M below value, so when we sell we should expect a 50% return when selling which should be 3 years from now.The thing that bugs me is the way the building value was evaluated, i am copying a section from the presentation:"Market activity has shown similar properties consistently trading in the 4.75-5.25% cap range (refer to “Comparables” slide for specifics).

What would be the ramifications of not collecting a W-9 and subsequently not issuing a 1099 for subcontracted work?

Let's say someone pays cash for a property (and for the rehab) and then gets Delayed Financing for 70% or 75% of the purchase price (and rehab) soon after purchasing. My question is whether that person could then get ...

Title insurers now will not insure subsequent transfer to a third party for value because of the original <$2000 in taxes.