Have the PR submit a claim, you collect and repair after closing. 

People claim that they "give off rediation", the "government will know when you are using electricity", and that "rates will go up".

Owner claims original price of property was 500K.I did inform the owner based on the research that I have done 500K is probably not possible.  

I was recently notified that $4500 is sitting in escrow and was never claimed by the contractor who performed the sewer lateral back in 2008. 

Typically, the interest rate is .25%-.50% higher, but then can sometimes be negotiable depending on your situation.That said, for somone just starting out  it probably makes sense to put the first few loans in their name (unless they are purchasing with a few other people) to get your choice of ammortization and the lowest rate, and quit claim it to an LLC if you decide you want an LLC as part of an asset protection strategy.  

The post talked about how you should have a business entity (lets say an LLC) and also insurance to protect your personnel assets from any claims resulting from a mishap at one of your properties.Lets create a fact pattern, bare with me.

The deed in one's name equals ownership of the property....assuming a legitimate transfer, and not complications/issues with a Quit Claim Deed.

I think that B forgot this.I want to do the following:1) Buy the original owner's (debtor's) interest - purchase quit claim deed for nominal amount2) Negotiate with Bank B to purchase their DOT.

I have found some materials that claims it can with stand 500 degrees F, so I might try it on my next project. 

Also, remember you had two tenants who may put a claim on the property.