Custodial fees are usually pretty reasonable if you have checkbook control, but those have to be considered as well. 

I don't think its an unreasonably request for the seller to ask for proof, if your reason for cancellation was due to the inspection.

We will soon be closing on a property in Marion, Kansas and we will need a good, professional, reasonably priced bonded and insured electrician for several tasks needed for compliance and upgrades.

BP - My reasons behind writing this post are to track my own progress, get other peoples best practices, and give updates along the way so we can all learn.I am doing my first direct mail campaign focused on self storage facilities in Minnesota.  

You are right that any lender who does 100% financing has to be ready to take the property as the borrowers are more likely to walk away, and they also charge more for that.Actually, the only reason I posted was because I don't think someone should shut the door to an HML if they can still get a profitable project done for these reasons:1.

Given that we are carrying ALL of the financial risk, I am having a hard time seeing why this would be reasonable or fair.

I don't remember why but for some reason I popped back on the site and looked at some of my old forum posts.

I'd be careful doing that investment for several reasons.  

If it's transactional, then you don't have any duty other than to honestly disclose what you know, and you have some confidentiality duties based on reasons for buying or selling, and motivations, unless those are waved in writing.Absent a breach of duty on your part (probably not, I would guess, otherwise your DB would be all over your behind), I wouldn't worry.

The reasoning behind not having a mortgage (paid off this year) or debt for that matter would be if something happened we could walk away from our jobs "free and clear".