Not being energy efficient and uninhabitable aren't necesarrily the same.What is the daytime temperatures in your unit in relation to the outside temperatures?

Maintenance records, repairs, appliance records, leases, invoices, bills... everything related to the properties.

I need to still verify some additional information, but it looks like I will be picking up a few out-of-market properties.In addition, if you have $100,000 and a relatively stable job with good income, I would very seriously consider leveraging that money to purchase multiple homes.

Not the best solution but a relatively cheap one.By the way what is the asking price on the tour house?

@Mike Abel I am relatively new to Real Estate Investing.

(cost is to high) however, this makes a much better market for long term rentals as property value is rising and the city is growing at a rapid rate with a high demand for rentals (all relative to where I live).These things helped me to decide.

What are we going to run in regarding related parties and seasoning when obtaining a FNMA conforming loan?

Need be, draft a consultation agreement for $5, POC you don't have to be on the contract to advise.Sounds to me like a relative might have been left out or possible liens could be pending but not shown of record yet.

I believe I stumbled upon BP last Summer when I was searching for something REI related.

ACV is not related to market value (purchase price).