Brian Mathews I appreciate your concern and am not committing to that plan, just looking at all my options.

If you haven't yet - be sure to check out "The Ultimate Beginner's Guide to Real Estate Investing" to help you get going.

(I could go on, but you get the general idea.)Since you're new to BP, check out the Ultimate Beginner's Guide.

My only concern is that the owner's negligence could become my liability later down the road.

That's a valid concern with the 3yr amortization (he implied) on the second which kills your cash flow.

I just wondered what advice I could get concerning considering this option. 25k would be payments at right around $400.00 per month for 6 years I believe it was.

Cash flow concerns may be the priority motivator for the contractor.Ask.

I reccomend checking out the ultimate beginners guide by BP to help guide you in finding your niche.

If this is simply a concern you have thought of, forget it as a tenant making a claim is very rare and usually comes out of some other agreements that have failed, like a lease with an option.

Especially if you tell them that those pins are supporting the foundation and everything is cool.Normally I wouldn't be too concerned either, except in the first photo, it's been repaired and still moving.