The people who claim something does exist should provide the evidence to support such a belief.

If you're running 100-unit apartment buildings, it might help you avoid ADA claims looking for quick settlements.

Yes, it does seem like a leaky umbrella @Jean Bolger .It was a large sum umbrella policy to allegedly protect me against such claims..among others.We had a dog bite incident in the early 1980s that made it all the way to the Texas Supreme Court, I believe --and it was fortunate that we had insurance back then.

Since you're a beginning investor, I'd recommend that you buy a regular ol' move-in-ready property.

My question is, do I still claim the 7,680 as a deductible repair expense or do I have to reduce this amount by the 4,500 credit I will receive?

You said she just signed her lease this month, so she could claim they were just guests staying for a short visit.

How to use a straight option to purchase contract and can I use a regular assignment contract to assign the straight option to purchase agreement?

Don't even think about quit claiming and be careful of any other ideas you hear off the Internet, even here.

I was just making sure that that same situation didn't claim me too!

It will earn you commissions but it will also show you how to buy houses that are not selling through regular marketing as described in the article above.