You also will need cement backer board for your upstair units.

I doubt IRS has resources to compare the assessed values with real values for every property they encumbered.They slapped a lien cause someone didn't pay the taxes.

If I do this again, no doubt I'll be wiser for the experience.My plan now is to rent this one property out for 12 months, then look at the numbers closely before I make any additional investments.One other note: It is a really great feeling to own the deed to a property outright without a lien holder!

I gave everyone the benefit of the doubt, but you can't get water from a stone.Good Luck!

When the 5 years was up, we would refinance and pay off the 2nd.The problem is that I seriously doubt any bank would let you do a deal like this today.A more realistic deal might be to buy something on a land contract.

If you can show affordability it is doubtful they will give you a short sale without asking for a note back.

I doubt that I will EVER buy another PC, especially when we can run XP/Vista on a virtual computer via Fusion if need be.

I've got to get to work (unclogging another toilet, no doubt).

If the grout itself looks to be in pretty good condition (just dirty) then you have a few choices here...edited to add: if your shower floor leaks its not because of the grout....its because of the lack of membrane underneath the cement board or improperly installed drains...

That is up to the individual investor to decide.Fewer and fewer qualify for loans these days without a doubt.