If this is just a little surface mold, you are fine.

Definitely a good product, but you want to get those bids in a timely fashion.

Again not a smart idea, IMO.We can see you are trying to appease the tenant in some fashion.

Otherwise, you are scratching the surface and have the general idea but guessing as to answers here isn't a real good idea in technical areas!

I'm merely speculating about what dangers may lurk beneath the surface of this seemingly-benign and abstract article from CNN Money.

I realize this isn't ideal and will experience higher vacancy than normal.Price $80,000Loan amount $77,200 (3.5% Down payment)Payment: $414.43 (30 year, 5%)Monthly Rent $2000Expenses: $1000 NOI $1,000Payment: $414.43Cash flow: $585.57I have not calculated PMI or Insurance into the numbers yet.On the surface, the numbers seem to work.

Ron, that's quite a sales pitch on SF, on the surface, might touch it up a bit that the stuff won't fly in OO, and appraisals may be required.Big difference in pulling in 150K annually or the million in an example and a seller getting 40K or $350 a month, you won't be flying to Paris on $350 for the weekend.Ahhh, but I do love seller financing!

Howdy @Gwen FyfeOn the surface it looks good.  

If you've left flood damage unaddressed odds are there's a lot of other deferred maintenance issues and you're just scratching the surface.

However, based on their business structure they could write off the interest in a different fashion.