One of the permitted uses in Jacksonville for RLD districts is family day care homes meeting the performance standards & development criteria set forth in Part 4.

Or will it be taken care of by the title or seller at closing? 

Be careful and don't share any personal information, but call them to learn more. 

I don't care what they say the ARV is and I don't care what they say the repair costs are.

@Bill Baldwin glad to hear that it will be taken care of, but sorry you had to go through that.  

When I was looking to buy my first house I talked to my real estate agent about buying foreclosed homes and he told me to be careful.

IMHO its not too difficult to source a realtor and put it under PM on your own.Otherwise you can source in san bernadino and riverside counties and bet on the appreciation play locallyPrices in OOS markets are the same as they were in 2006 so be careful...

I have tenants violating Care of the premises, Smoking AND Parking rules in their lease agreement.

I don't really care about the cash flow I just don't want to have to bring money from "home".

I'm wondering if you all could give me some pro's and cons:I'm wondering if it's a good idea to asking for a rent increase as part of my purchase contract with a tenant who is month to month and the seller has a management company taking care of property.My thinking is, if I were the seller and they asked this of me instead of asking for a lower purchase price I wouldn't mind.