If its damaged, it can be repaired or replaced for minimal cost.

They dress well, look me in the eye, appear to have jobs, one car in decent shape.

It might be more advantageous to pull the damaged dry wall and try to determine the source of the moisture penetration that is causing the mold.

you can't put an employee in a truck with equipment, keep all of it running, keep your business licensed and insured and on top of all that pay taxes AND expect to make a LIVING on $35 an hour.can you find a scab to do it for that, sure, but you better hope he or she never damages anything or gets hurt on your property because you'll probably get stuck with the bill.

Operating expenses include taxes, insurance, management, maintenance, vacancy, advertising, entity maintenance, legal expenses, evictions, setouts, damage done by the tenants (in excess of the security deposit), office supplies, lawsuits, utilities (at least during vacancies), capital expenses (not technically an operating expense), etc, etc, etc.

if you purchase this property without disclosing to both parties that you are in fact making $50K on the transaction by "pushing papers" you could wind up paying treble(3x) damages to all parties involved, that translates into 2 parties, times 3 = 6 times damages, or $300K.

It took a year and a half to recover from the damage.

What if a water pipe breaks, or a fire breaks out, or there is storm damage.

And yes, you can do a short sale… Especially if the property is damaged with no insurance to fix it!

If there's damage, we're going to court and the judgment will get recorded against you.I expect the property to support the loan.