My long term goal here is basically to rent it out for another few years until the market rebounds and then do a quick clean up on it and then sell.

For example, a landlord can clean stoves and refrigerators all day long (popular items left unclean by tenants) but unless he paid a maid service, the magistrate won't let him subtract the expense from the deposit.It's in the lease usually that you can't screw the landlord and use the cleaning and security deposit for the last month's rent.

Hence you do have the ability to protect your position if it makes economic sense.There is no DOS issues if you effectively assume the 1st after foreclosing.

Money talks and BS walks.If you have a cash offer then present it and make it clean.

How will this effect investors starting out trying to get a mortgage for the first time?

When the guy came down to check it out and put his gauge in the vent and i was nosey and watched the gauge go down to 64 after he change the filter and clean the unit outside.

WH.....this is good, but again i am thinking on a couple things here, only wanting to make things flow as simply as possible with little to no gliches at the end of the transaction....i'll try to explain what i mean and maybe i'm speaking for many out there that are making some attempt to find success in this endeavor....in regard only to a short sale transaction the following occurs:property owner (let's call this person the "seller") allows for an individual (let's call this person the "buyer") to "purchase" the property merely for the sake of the "buyer" moving forward to deal with the loss mit people at the lender.as time moves along, this "buyer" gets written confirmation of the lender accepting the "price" offered via the customery HUD-1.now let's say for illustration purposes the "approved" price the lender has agreed to is $250000, the value of the property seems to be in the neighborhood of $350000 and the "buyer" wants to "double escrow" this bad boy for $300000 (generating a clean $50K profit)......in this illustration/scenario the question remains: "what is the cleanest, simplist" way to accomplish this?

They may get really cheap when the casino smoking ban goes into effect on Jan 1, 2008.Jon

We get to feel the smelly effects of an ignored septic by walking around the exterior of the SFR.

John:Money-back guarantees are used so regularly and so extensively that they generally are not as effective as advertisers generally wish.