But if the tenant doesn't pay the water bill, the owner will ultimately be responsible for it.

Retirement  20 yrsWe have one property with equity as well as savings but we're not sure where and how much to invest.

Working in the tech industry, I was able to save enough money (initially planned to buy a home for myself, but after reading Rich Dad Poor Dad the goal obviously changed) for my first investment.After analyzing the potential markets to invest (Ireland, UK, and Portugal), I came to the conclusion that Portugal was the best choice.

Hello,I've been saving all year for a down payment and have been working to building my credit.

@Larry T.Forgot to mention that I'm not interested in a flip unless I have to exit because I don't want to pay capital gains.You are correct it would be 107K not 134K.I just found out today that the owner will file a claim on her roof and get it repair or replace, saving me 5-10K.

Typically on my pro formas I don't figure in depreciation tax savings.

Ultimately it will come down to the office and what policy/guidelines they aim for.

As a result, home sellers can save thousands of dollars. $ Closing subject-to existing financing is quicker.

My wife and I have excellent incomes, sizeable investments, and $30,000 saved up in our emergency fund. 

Should I mention upfront to the owner that ultimately I'm interested in buying the duplex?