No action should be taken on anything I post by inhabitants of planet Earth or any other celestial body.

Hurting your financial situation to help them out has its limits. 

Lima One Capital has advertised a no seasoning product in the past, as has Visio Financial Services. 

Download PDF Edit Report Discuss in Forums Other Actions $1,500.00 Monthly Income $786.67 Monthly Expenses $713.33 Monthly Cashflow 12.53% Pro Forma Cap $10,024.00 NOI $18,480.00 Total Cash Needed 46.32% Cash on Cash ROI 18.26% Purchase Cap Rate Expenses Income 50% Rule Total operating expenses: $664.67 Mortgage expenses: $122.00 Vacancy: $75.00 Repairs: $75.00 CapEx: $75.00 Insurance: $150.00 Management: $150.00 P&I: $122.00 Property Taxes: $139.67 $54,900 Purchase Price Purchase Closing Costs $2,500.00 Estimated Repairs $5,000.00 Total Project Cost $62,400.00 After Repair Value $80,000.00 Down Payment $10,980.00 Loan Amount $43,920.00 Loan Points $0.00 Amortized Over 30 years Loan Interest Rate Monthly P&I $122.00 Total Cash Needed $18,480.00

Regardless if there is a future legal action, we feel much better having consulted an expert.My point is a lot of people provide their view on this forum. 

I'm wondering what my course of action should be in regards to fixing the basement.

Issues such as this are typically resolved by either removing the encroachment, buying the affected land, or pursuing a quiet title action (if there are grounds for it).

So while a lot of people made money by holding to rental properties in the prime areas of Austin by values going up, it can wipe you out if you’re not financially prepared to handle emergencies.

Condo's generally don't make the best investments; sometimes financially, but also because you are at the mercy of your neighbors.

Talking about real estate, properties, and financial independence is something I enjoy.I listen to the BP Podcasts almost religiously.