With a large walk in closet, a large over sized bathroom, and many had a second living room (or as the one guy called it... a "sitting room").So it has been done, the one thing you need to overcome is windows...

Turns out, it has some major flaws ($$$) The sub floor and beams under the bathroom are rotten and will result in the bathroom being totally torn up to get to the beams and repair and then putting the bathroom back together.The other thing was-there is no access to the attic.

And how exactly do I structure my fee?

There might be some structural issues or something, but I am worried that there is something legal going on.

We look for the foreclosure for the great deal, but unless we can do some good then really we are simply part of the problem.We are starting to do deals in Australia that have been around since Adam was a boy and they don't involve bank finance but offer a means of structuring a sale and a purchase to give the seller what they desperately need, while at the same time giving a buyer what they need and can't get - a house!

I'm int he market for a new home. I'm looking at one that has had the 2nd floor remodeled. Only problem is that the only access into the Master Bedroom is through the Master Bath. Does this sound like a building or...

I am not recomending you break the law.Having said that, there are ways to structure the deal to make in legal.

So while I'm not going to say whether or not you should go through with it, I'll try to provide you with some things to consider when making your decision.Pros:You can get the payment off your booksYou can sell the property for full price, when it doesn't appear that there is much interest right nowAssuming you are requiring an option payment (which I would suggest), you will get some additional cash nowSo basically the Pros can be summed up in that you have the potential to do pretty well financiallyCons:Lease options typically require less landlord hassle, but at the end of the day you are still a landlordThey could trash the house and then not buy itThey could stop paying and make you evict them, costing you time and money (there is also the possibility with lease options if they aren't structured properly that the courts could deem them to be a sale rather than a leasing arrangement in which case you would have to foreclose instead of the less painful eviction).

I see a lot of interest and questions about LLCs and business entity structure.

You know it's getting bad when the grafitti on the bathroom walls is so badly misspelled that you can't figure out what dirty word they were trying to convey.On the other hand, correcting a person's grammar or spelling without being asked to is an act of hostility and not only causes hard feelings, it makes people stop posting.Contrary to what the grammar police and spelling police dearly believe, it does not make them look like superior beings because they understand the inner workings of spelling and grammar.