It had a new roof put on in 2012 (very plausable as we had a big hail strom that did a lot of damage, and furnaces replaced in 3 of the units in 2005.

Wayne, I have actually had agents just give me the code before, but I understand it is not ethical, maybe even illegal, for them to do so as what happens if you are injured on the property or leave a door unlocked and damage occurs as a result?

Such arrangements can take you from a non-judicial foreclosure into a judicial foreclosure, from your eviction court to a foreclosure, or from doing an eviction and then making allowances for improvements made, it can also go the other way if the work is not professionally finished as a damage, or code violations.

I get a call from a tenant, thinks there is termite damage because her brother fell through the back step.

Lastly, another ultra-wise investor @Tracy Caywood once commented to the effect of “a person can flip options in your Self Directed Roth IRA…Your account balance must reflect enough funds to cover your investment, otherwise it can’t be funded.

So far, I haven't had a tenant damage my hardwoods.

We Will Laugh SomedayThe wild experiences with tenants - the crazy excuses they give, the damage they do ...Then, there are the things that happen to the property - the repairs, the deterioration, the “normal wear and tear”, the relentless pests ...Add to this are the experiences with the neighbors – do those dogs bark while sleeping?

The bulk of that money would effectively be the "down payment" to go to a bank or other lenders for the remainder of the money.

Certainly, if they're trying to buy a new house shortly after selling an existing on subject to, the new lender is just going to treat the old loan as if its still in effect and the borrower is still responsible for it.

Are there any damages (forthcoming).