I'm trying to prevent him for making a similar mistake!

See my other post on that.How can you legally prevent something like that from happening again?

That C&D alone will be enough to prevent him from ever being licensed.  

Might want to be really selective as that can get out of hand very quickly, especially with the newest building codes being implemented across the trades right now.

I didn't look into it too much, but it is my understanding that getting clear title is still a challenge in the new system for property tax auctions.For those of you not from Louisiana, the state implemented a new system this last year for dealing with properties with delinquent taxes. 

I believe that the current mortgage criteria will help to prevent so many defaults and most of the sales are still cash.

Hi all, as my role is to help RE investors prevent avoidable losses, I was curious as to the location of the property in question relative to current fires in the area.

Multi family properties allow an owner to deflect some of that risk, and potentially stagger lease end dates to prevent all units from being vacant at once.

They nearly lost the contract and ended up using private money to close.Then again, if you do not have the down payment and cannot get a private money loan to get it, then your choices may be limited and 203k is your only option if the home requires work that prevents you from getting a traditional mortgage.Good luck in your endeavor.

A great many CPAs (myself included) are implementing "value pricing" strategies.