They should have been more attentive, but honestly if the tap on the side of my house was open, unless my neighbour saw it, I wouldn't know it was open. 

So we want to make an offer on a house in our target area but it has brown stained walls and popcorn ceiling and a sting odor of smoke.

We are looking to buy multifamily properties and get away from long term single family rental houses.

A lot of these properties I'm looking at, are mainly just outdated ( Fixtures, cabinets , older appliances ), needs carpet replaced, most have wall paper on the walls , needs an updated paint job both inside in out .So not really things that make it un-liveable , but just mainly need updated Which brings me to ......

If they can't close on their house, they will have to figure out a temporary solution.

I recently put my Pensacola house up for rent on Zillow, and I received an email from a company that specializes in temporarily relocating families displaced by damages to their home.

I drove to Birmingham today and I saw a lot of vacant and abandoned houses in the east lake area.

For bigger transactional income we have our building projects which I have to PG however even though the risk is always there we have been blessed these last 4 years on these that equates to about 120 homes built and mostly all sold.. then the balance in Notes a few long term.. and JV partner on land deals and flip houses those have zero debt.

They keep their loans in house and do not sell them.

Third, I fell i love with the house when i first saw it and thought the end buyer was gonna fall in love just I had done. 4th and final lesson, be in tune with the area that you're buying!