Just a word of caution - where I live you can't do the work yourself on a flip unless you are a licensed contractor - even a GC can't do everything and has to sub out electrical, plumbing and mechanical.

See 2 charts.AND…* TANGENT * Speaking of interest rates, and the Federal Reserve who basically controls the mechanism.

@Gena GonzalesThere will always be people who are owed money from the tax sale that can't be located or are deceased.However, the number is fewer than you would expect; as a practical matter most properties have debts on them including the back taxes, mortgages, judgments, liens, mechanics liens, Federal tax liens, and municipal liens for water, sewer and trash.Even at the sales where liens are wiped out, they usually do a title search and give back money to people and entities owed the money.I'll give you a real example here.

Anyone ever use arbitration clauses in leases as a legal mechanism to prevent tenants from filing complaints against a landlord and to shift some of the legal costs to them?

YOU have to create a booking mechanism.

Our pm took pictures and inspections with documentation of all mechanical equipment prior to move in and the hvac contractor provided us with detailed proof and documentation that the tenant had clearly damaged the furnaces.2) Replaced stolen AC units from previous seller stealing them.

to LEGALLY scrap it you need a title.Call DMV with VIN, they will attempt to contact owner.Meanwhile file a mechanics lean on it for storage costs, at the end of 2 months or so depending on your state they will issue you a title if they have not found the owner.

If you can't get an inspection, you have to assume that the interior needs a full gut rehab for the purpose of your rehab analysis, because you can't use an inspection to rule out that a particular infrastructure or mechanical item does not need to be replaced.

If you are a DIY kind of guy, it's actually quite easy to work with the vinyl fence as they have made their linking mechanism easier.

What mechanisms or agreements can we put in place to protect my interests in the event of unforeseen circumstances or changes in the partnership dynamics?