As you collect information your first purchase maybe sooner than you think.

To collect on the personal guarantee, he would need to foreclose, establish a value, and set a loss to collect on.

Small claims court, collection agency, lawyer note, etc.Thanks for any help you can give!

After the variance is approved, you will need to get a building permit which may require plans review if it's an extensive addition.

If you don't pay Verizon, Comcast, Ford, they just shut you off or come collect their stuff, and then sue you for the difference.

Instead, they let the turnkey company and/or the management company deal with the property and the residents, which is where headaches can occasionally come from (for example, rehabs, maintenance, leasing, collections, etc.).That said, at the end of the day, the numbers need to make sense to you since it's your money.If you haven't found the right investment vehicle yet, just keep looking.  

I made offers much lower than that when the repairs are extensive. 

As of this morning, no paperwork had been collected.

These guys are RE investor tax preparer with extensive knowledge.

The repairs seem extensive including bad insulation, minor roof repairs, faulty structure, floors are uneven (home is a little over 100 years old) galvanized pipes, old water heaters, among other among issues.