And since you're buying in a solid suburban neighborhood at prices that are still well off the 2006 highs (presumably), and well below replacement costs, you are "nearly" assured of at least remaining flat on appreciation, and likely 2-3% annual growth.

Where our clientele is almost exclusively international students, many come from a cultural background where co-ed cohabitation {family members excluded} would be unacceptable.I'm not saying I'll never see through my initial plan to transition the house into two conventional apartments, but as long as the risk/reward and workload levels remain where they are presently, we will keep things as they are.

rip it out. its within the wood and cant really be removed. you could try bleach, you could try a drum sander, some version of that smell will remain though, I suspect.

We are both stuck is my interpretation. thanks, MattIf a foreclosure of a superior lien position occurs, all junior liens are extinguished (debt still remains the responsibility of the original debtor) provided proper notice of the foreclosure was given to the junior lien holders.  

seriously guys, look into cheaper ways to buy. using the funds from a re-fi from one house to buy more than one new house is growth. growth is what you want to do. make your money work as hard for you as you can. finding houses that are dirt cheap is the answer. there are several ways to buy real estate that are nonconventional. several years ago, the federal government restricted the number of foreclosures a bank can put back onto the market. consequently, that forced the banks to hold onto the less than desireable foreclosures and market only the best that they have. that added to the carrying costs of the remaining houses that they could not market. finally, they had to make a decision; hold onto those houses until they could market them, or dump them in light of loosing the carrying costs. most banks chose the latter. so, now, you have thousands of houses that the banks just dumped back to the previous owners by filing a release of lein with the counties that they are in. legally, you have a house that the bank no longer has a claim on, and the previous owners either do not know they own it again or they don't want it. there is potential for a hell of a deal.i bought one for $2000 on a tuesday and sold it for $10,000 on thursday. i also bought one for $2250 and picked up the back taxes for $4000. that one i am holding onto to rehab and will be worth $50k when i am done. tax sales are a great place to pick up extraordinary deals too. your problem is NOT on your cash end, its on your buying end

Consequently, not all filing will be published in adjudicated newspapers.The other issue that we have here in CA is that the primary asset is not identified in the legal pub unless it's listed under a Notice of Sale, in which case, someone's beat you to the property and your only remaining chance is to either win an overbid or win by way of a buyer who does not perform and defaults on the contract.About the only thing legal pub does is notify the world that a private has been opened (notice to creditors).

I am building my first marketing campaign looking to provide solutions to the remaining family or others in the estate.

In some cases it could cost more than 20% to sell, meaning the net after a refi would be more than the net after a sale.Of course a IRC Section 1031 would alleviate the Federal tax, but state and local taxes as well as all the other costs of selling would remain.

I was wondering if say it was listed for 200 and I put 20% down the remaining about financed would be $160k.

Excerpt from:"America's mortgage-insurance giants are making bigger profits than before the crisis"From this month's Economist:  "The fact remains that both Fannie and Freddie have emerged from the financial crisis churning out more profits before tax than they ever have before (see chart).