Condition: Roof leaks in a couple of places, floor around the commode in the master bath is week and sinking, Central HVAC system does not work, mold infestation as a result of the recent SC flood, and the house is full of junk as the seller was a hoarder. 

You'll see if the carpet needs replacing or the refrigerators are from 1956.Another focus is items that have nothing to do with the physical condition of the house.

The house was in rough condition but the bones of the house were good. 

It's in decent condition and we were able to get it at 76k and it currently rents at 1100 a month (with some minor renovation because the existing tenants moved out right after we closed on the property). 

If a home is competitively priced and in good condition, how long can I expect to have it sit vacant waiting for a good tenant?

Orange county CA There are four forms to release a mechanics lien in california: Conditional waiver and release upon progress payment Unconditional Waiver and Release upon progress paymentConditional waiver and release upon final payment Unconditional waiver and release upon final paymentI recently got out of a bad partnership and the partner signed his 50% rights over to me so now I am 100% owner.

you are right about high commission paid to agent when a client buys it.since most people will agree that a product, service, or a company can survive market conditions unless people value and buy its products.Whole life has not changed in 160 years since it came to a market because it has utility for conservative individuals.After 30 years term life contract goes sky high. 

These rentals are in the central Texas area so conditions like blizzards, snow, prolonged moisture, and extreme heat are not concerns.

It is a turnkey place in a University Neighborhood, in fairly good condition with appliances about a decade old and a good structure, newer roof and windows.  

The BIG feature of FHA is that's a  program with standard terms and conditions, and that makes it easy for a lender to sell it individually or as part of a portfolio to some other institution.