What financing mechanism will you use? 

If you don't have to do any of the services on the mechanical and hull then it should pencil out OK.Now, would you be responsible for repairing a broken hatch or something like that?

Liens and Releases: Include clauses related to mechanics' liens and lien releases.

Any rent credit needs to be credited against an invoice, there is no mechanism to print out a complete statement, not sure how convoluted it gets if a tenant under pays several invoices and then goes to pay off the balance at a later date.3.

I've held jobs as welder, jeweler, diamond cutter, Baker, postman, motorcycle/watercraft mechanic, etc... wife had several odd jobs as well, from swamp meet concessions, to house cleaner, to Gym Juice bar, to telemarketer, to Librarian.

Purchase price: $175,000 Cash invested: $175,000 Sale price: $555,000 abandoned 6 unit apartment building - full gut remodel with all new mechanicals, roof, electric, plumbing, etc.Fully occupied with a 17% CoC return but resident profile did not allow me to self manage so I sold it to payoff all other company debt How did you find this deal and how did you negotiate it?

New mechanics and knocking out a wall in the kitchen.

Private liens include:- mortgage liens- homeowners liens- mechanics liensI understand that government liens (eg. state tax liens, IRS liens, etc.) are not wiped out and still remain.

Some properties based on location, age of mechanical equipment, and property health are incredibly costly upfront if nothings been updated.

All the parking lots, sidewalks and mechanical rooms have it on them.