Basically would like to have everything covered, and because this is my first I'm sure i've overlooked/missed a good amount of things.I would also like some guidance on how to go about offering for this property.

To me, this is basically break even.

After you learn the basics then you can listen to all these folks and listen to the sizzle of the sale, the how to techniques that some use.Otherwise, you'll have things screwed up for years or fall into doing some flim-flam type deal.Read the forums, then the blogs, IMO

Basically just the amount I'm offering with documentation as to how I come up at that amount, as well as a copy of the title research which I already have done.I've spent most of the day reading the files from the previous owners bankruptcy.

Our stories are a bit similar however I just didn't have $50k to invest in "real estate college" basically.

No fancy strategy just good sense and basic math and replicate..

Basically say a 100 unit subdivision has 50 houses sold and constructed.

Attorney review is also in IL contracts and yes - during that period you can basically back out for any reason - just have your attorney challenge something in the cotract

but i pay, i keep the area clean. i told the head guy some choice words after i was heated and flipped out on him... i really don't care for them at this point... i just want to know can they force me to move or foreclose on my house even if i pay the dues, keep the area clean, don't throw any parties,, etc... they don't want me calling the office any longer, i'm still going to..... i basically call them and tell them they suck at their jobs because something still isn't fixed and all they care about is my money... i do this several times a day... i could careless about them... the words i said, trust me there is no forgiving

Filipe / You need to more fully understand the basics of commercial investing.