Turned out the roof needed replacing and the tenants weren't paying the rent because the roof was leaking and they wouldn't fix it.

But the student would sign all docs and be on the deed and the loan.

or danger of explosion or gas leak?

The Excel doc lets me track things more immediately and also put in expected expenses to estimate the profit from the property.

He/she could be a baker or whatever and not know an in wall leak from a screwdriver.

I would tell the tenant that I would like to regrout tiles, change air filters, reseal the granite, and check for water leaks and overall maintenance of the home while also checking the condition of the home.

If so, I bet you can probably get a mortgage broker or title company to draw up the docs and manage the process for a couple hundred bucks.Just a guess that this is the issue...

Just make sure you ask all the right questions, such as in this brochure, so you don't end up in any hot water with the authorities.Best of luck.http://www.childcarelaw.org/docs/qandarightsresponsibilitesfcchomesinrentalproperty.pdf

The government is only postponing the inevitable at the expense of the people who are currently paying their financial obligations.I do understand that unemployment is at the highest point ever and people do have health issues but those are not the people who are creating this problem and crashed this market.The people I hear complain the most are the ones that used the 80/20 mortgages, no doc loans with no money down and interest only mortgages.

I'm gonna go check it out today, it sounds like the roof had a slight leak since they didnt seal the roof well enough when the wood burning stove was installed.