When he finally did get out of the program he swore, "never again".On the other side of that coin, I know someone in TN who has had a good experience with the section 8 program and some of her rentals.Just like everything else with real estate, it is all local.

Do any of you do a final walk through inspection when a tenant is vacating with the tenants?

Finally, since the building is vacant, I would subtract an additional amount to account for the start up costs: carrying costs while rehabbing, initial lease up period, etc.

I do not smoke it but I am glad it's finally somewhat legal here and even in Michigan now.

Finally, does the bank need a copy of the Articles of Incorporation to close and if they don’t have a copy could the closing proceed.

I finally found a great property,and I am planning on putting a full price offer in tomorrow.One in a Million chance,the foreclosed party has the same last name as mine, and it looks like they stuck it to the bank for around ~$190K , so Bank will be taking around ~$100K loss .Is the Bank going to look at my offer and last name, realize its the same last name as the foreclosed , and think I'm a relative, or brother of the foreclosed, and toss my offer right into the barrel ?

Once Blank acquires this said property, the construction loan application can be finalized and transferred.

Finally , quite a few months ago, I laid down the law...pay on time, or get out.

Then the lender's wised-up....Write the purchase contract as a company...then sell the company to the final investor for a cash payment..

Next day I call, finally get an answer and she says "I read in the paper that there was a home invasion on that street, so I don't wan to move in".