My suggestions; ask the seller to remove the tank before closing, that way if it's leaking they will bear the expense.

LIke I said above, spend 100 hours reading through old threads here on BP and you'll start to get your bearings...

The dollar bear market rally started right where the commodities cycle ended in 2011 which I believe will last into 2016 - 2018 right where the 18 year bear market cycle will come to an end for the S&P.

For really high end finishes and upgrades, count on $300 per sq. ft.So, if you are talking mid level higher end homes in CA and just the interior (no windows, stucco, roof, foundation,  landscaping, etc) then the price is under those figures.In my Beverly Hills flip, it is just over 3000 sq. ft. and the interior portion of the rehab (demo, architectural design, engineering, rough framing - added load bearing beams, moved load bearing walls, low voltage wiring, rough electrical and plumbing (some existing is used) or repositioned), finish electrical and plumbing, flooring (wood) plus tile in bathrooms and kitchen, new interior solid core doors and hardware, drywall (about 40%- 50% of existing was used), paint, custom cabinetry with custom stain, cabinet hardware, kitchen appliances - Viking) all of this will run me about $250k or just over $80 per sq. ft. not including any permit fees or project manager fees.Now, I am also doing new windows and exterior doors and sliders, roof, landscaping, decking, BBQ buildout, etc. and my total budget is $350k ($113 per sq. ft.) 

Bear in mind that real estate contract law is fundamentally just contract law.  

Hello everyone,This is my first post at BP, so bear with me.

The self sufficiency test can't be done until the appraisal is back, and appraised market rents often have little bearing on true market rents (sometimes too high, sometimes too low), so it's common not to let the borrower know about this test (or many of the 100 other tests and boxes that must be checked) unless there's a problem.

It was way more difficult to use and a bear to strip the time I needed to, though it has held up like iron. 

The last bear market in gold took 18 years to unwind and real estate had almost 2 full cycles over that time (1981-1999).  

A related question is this:The reason the roof panels may be/are soggy is because of rain leaks during a recent storm.