Materials & supplies are usually for sale at a Mobile Home Supply store.

What would happen if someone were to sign a 10 year lease for office space,pay the 10 years rent up front and the office building was later foreclosed on?

You could just make up the difference, but not everyone in an RE office is an accountant.

Richard look up your local real estate investor association.If you go to work for a flipper to learn the business make sure you are not used and abused.Make sure they have completed a certain volume of deals and that they have the knowledge to give you.What investors do not want is to work with someone with no drive who wastes their time.If they will pay you a decent wage that is at least what you are making now or more,you hit it off from the start,etc. then you are on your way.Eventually you can partner with them on some deals when you save up some more cash and they will show you how to save and supplies and do quality repairs and upgrades in a fast manner.

Yes, that's wrong, but the bank is the real issue - they had a loan officer, underwriter & loan processor at a minimum who were on the payroll getting paid to make sure these loans were compliant.

Your seller will have to get the deed notarized and I tell them to visit any post office box or UPS type store.

Additionally, no matter which option you choose, your tenant (the master tenant) is still solely responsible to you for the rent due because she is who you have a written agreement with.And as a side note, the police officer who told you that was mistaken.

Joe- I have 3 of the above.150 unit building- the professional mgmt company is in charge of all bills AND the resident mgr expenses (who lives on site)580 unit self storage-resident mgr and asst DON'T live on site, but my personal asst maintains an office there.

Read links I supplied earlier, explaining about certificates of insurance and that you are to be named as certificate holder or additional insured.

However, you can prepare to have the work done before you close.For instance, if you're going to be doing the work/repairs yourself, take any measurements you need and buy any supplies you'll need beforehand so that you're ready to get to work as soon as you close.