Within the last year and half I have had three brand new water heaters corrode and start leaking at the bottom.All water heaters have been in the same spot at the same address installed by a professional plumber.

. :) Hi Henrry, if you still need it, I can send you Pace's contract as well, just message me with your email address. 

I manage 8-12 unit buildings in Logan Square, Albany Parka and Irving Park, and we have had issues with porches even at that small sample size.  

I've had broken windows, paint, and plumbing items flagged for repair but never stairs; although I have seen some really poorly constructed staircases and it's not terribly surprising to me that something like that could get flagged.Ultimately It's negotiable with the seller, although you should come to terms with the fact that you're an FHA buyer, and the seller would not have this issue with a conventional buyer; it entirely depends on your circumstances whether this is actually something the seller should pay for or not. 

Obtaining competent management was an issue, I have no confidence in the service personal in the local area.  

Bottom line is this: with Texas LLC (Texas Sec of State provides an on line FILL IN the blanks form ) it cost $350 to form the series LLC, there are NO annual fees, and only one “information report” (single 1/2 page verifying agent, manager and address) to file every year.  

Is this too many issues to even considering buying? 

I have had to evict one guy for non payment of rent and evicting a woman on Tues for non payment of rent and disturbing the peace with her mental issues.

For the Baltimore property, take pictures of problems like trash and parking issues, and talk to the neighbor's landlord or report the issues to the city.

As a broker, I'm always trying to find the best deal for the specific client and property.If you are looking for local private money lenders, your local real estate investment groups might have some leads for you as well.Most institutional private lenders are going to need an appraisal/valuation of the property, and permits to be issued for the construction of the building (if your area requires it).