I suppose the moral of the story is the idea is not enforceable which doesn't mean people won't try and say it.

Just another reason to not throw money at these supposed "Gurus". 

@Dana Whicker Yes, I suppose investing *is* gambling, but it's educated gambling and, I suppose, for a veteran poker player, the same holds true. 

It now seems that the perimeter of the building is stable due to the piers, however there was some sort of plumbing leak under the slab in the one downstairs units, which washed out some more soil, and the slab collapsed by as much as a foot, rendering the unit inhabitable.There is a quote on hand for $22k from a foundation repair company to take out the collapsed slab, add some new soil, compact and pour new slab (all of which they supposedly can do without vacating the other 3 units), and another quote for about $130k to redo the inside of the affected unit, and correct other inside and outside cracks around the building and the other units.

That last post was supposed to say "Thanks Chad".

What is the home supposed to do for you in your life?  

I suppose it all depends on your long term goals.

I suppose the key word here is unlicensed.

@Tim Campbell I suppose I would need a written disclosure to provide the agent and bank  .

This tends to be more of an issue here for owner occupant buyers than investors, but could affect either I suppose.