You are going to liquidate all your available cash and then immediately (according to you) quit your job.What will you survive on and what reserves will you have when the project hits snags??

If the property needs new plumbing or electrical or furnace, that is coming off the base point price.

We were just involved in a California Franchise Tax Board matter where the FTB was hitting this issue hard.

I think it's usually about a 40% hit by the time your done for the average person if it doesn't work out.

new tenant.every time she cooks the alarms go off.first floor alarm is in living room, not kitchenshe says there's no smokecould it be sensing something electrical like a surge from the stovei am frankly confused.

Either way, you should take a shop vac and hit every nook and cranny.

Its just a matter of hitting the phones a bit and finding them.

I wouldn't touch this unless I could get the tenants to pay electricity/heat (and water if possible).

Once you learn the business from this side of things, you'll hit the ground running.

I'm wondering the following:1) Can my end buyer funds be used to close on A&B part also;2) Since HUD property can not be assigned, and double closing is necessary is there a time period before re-sell to end buyer.3) The electric is off at property, so is it necessary to have electric turned on for end buyer to have their inspection, or should I stipulate that property is sold as is and property electric will not be turned on for this inspection, but only when the property is sold to buyer (end buyer made offer before inspection of property)4) Any feedback would be helpful.