Separately my husband and I carry an "umbrella policy", aside from our primary home and auto insurance.So now that we're adding a rental house to the mix, I'm wondering what our protection strategy should be.I will talk to a lawyer as well (though I'm not certain if I should talk to one locally in WA where I am, or in TN where the rental house is - I suspect WA since that is where the majority of our assets is)..Anyway, I'm thinking the best option for us right now is to increase our umbrella policy, if needed (and of course to obtain adequate landlord insurance on the rental home).

A "material fact" involves health, safety or welfare, or is a fact that would naturally affect the buyer's decision making process.

Id....You said you have excessive debt for Chapter 13, but did not say whether that was of a secured or unsecured nature.

Most lenders do not "loan to own" but some do, and some deals by their nature attract that sort of lending.

Negotiating becomes second nature when done enough.

I keep finding articles that suggest that the sellers should charge the adequate interest when financing the house purchase.

It states that the hoa has 53% of its Ideal Reserve Balance, and that an additional charge of 85.12 per unit per month was recommended to meet future needs.I'm guessing that means that in 2009 the association's reserves were just barely adequate?

I am a hustler and grinder by nature and I am willing to do whatever it takes to make this dream happen.

Market value takes into account the distressed nature of the asset and the cost to renovate it to the point where it can be sold.

You state your insurance is only $52 a month, that sounds too cheap for adequate coverage... just my opinion, unless you got one hell of a broker.