Be smart and you shouldn't have anything to worry about.Furthermore, the city is currently undergoing massive redevelopment; a new sports arena, an international bridge crossing comes soon, streetcar line downtown, and billions on top of billions put into redevelopment of vacant/derelict structures.

The way the lender structures his deals is he lends purchase price + rehab.

The townhouses are fee simple, and you own the structure & the land beneath the structure as opposed to only the "walls in".  

In my opinion it depends on what kind of LLC and how it is structured.

Ok, so I my in-laws decided they want to go 50-50 on a SFH rental  we are looking at. The mother died, both kids live out of state and hopefully we can get it for a great price.I ran the numbers, and looking into othe...

Yes, i'll pay for the attorney but i am done with these manipulating, un-grateful tenants.My insurance deductible is $2500 and the damage is not that great to warrant filing a claim...and tenant insurance doesn't pay for structural damage (they don't even have insurance)...

Everyone is telling me it means tear down but my own research shows it's a warning of structural damage etc for first responders in case of an emergency.

After speaking with some specialist securities attorneys we have our basic structure locked down.  

I'm curious of some ways we can structure the investment so we can split the down payment and any necessary capex, but I won't participate in paying the mortgage each month.  

I found comps and the numbers pencil out nicely, if there are no major structural issues.It's an old building and the listing agent, who I trust, says that there are no major structural issues.