These houses are still settling and the engineered works better.LVT for the basement areas due to the moisture issues that can occur.Carpeting the steps from first floor to second does help with noise reduction.

Then the question really becomes, how much do I want to get hit in taxes and if it's resirable for the reduction that will occur because of the taxes.

I'm leaning towards the "reduction in income" selection as it's true and it doesn't require hardship documentation....Is there high risk that this won't be approved for a short sale because of the condition of the house?

Adding capital appreciation of 3%, Joe and Mike would make 7%, 11%, or 17% of their 10,000 while Bob would make the same plus principal reduction on the mortgage while getting his 20,000 down payment out for use in the next venture.

The city's water quality report makes no mention of sulfur, as far as I can determine.The cold water is ok by me - I take my pills, brush my teeth, make coffee, etc. with it, but the cat turned her nose up at it when I moved in here.

By doing (and documenting) extensive renovations on the front end to the properties, it raises the initial price, but we are seeing a drastic reduction in deferred maintenance and holding costs.Lastly, this particular property is being purchased by an investor for $47 per square foot after all costs which is an extremely good deal.

Because it's just smart business and a good risk reduction policy. if you're not required as an owner; RUN...YOU'RE AT RISK... 

The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.It’s a $737 billion investment that according to two of the senators has a goal to “fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40 percent by 2030.”

**The rate above is going to be after 5 years FHLB (2%-4%...depending on index) PLUS 3.25% so best case scenario is 5.25%-7.25%...its a huge variable on the FHLB..also my payment remains near same but my PRINCIPAL reduction gets cut into half due to interest rate hike @ 5 years contingency...Given my Fixed rate (7) year term @ 4.35% gives me the expectancy principal reduction & payment amount..

Also if i were you i would push your agent to do a big brokers open with the big price reduction.