It is understood and agreed that lessor and his insurers, agents and employees, shall not be liable to Lessee, Lessee’s family, co-occupants, friends, guests, invitees or any person for injury, damage or loss of any nature which may occur at any time on account of any defect in the leased premises, the improvements therein and the appurtenances thereto, whether such exists at this time or arises subsequently hereto an whether such defect was known or unknown at the time; that Lessor, his insurers, agents, or employees, shall not be liable for any injuries or damages to person or property sustained by Lessee, Lessee's family, co-occupants, guests, friends, servants or any other person upon the premises or any damage to any person upon the premises or for any damage to any person or property by or from any boiler, plumbing, gas, water, steam or other pipes, sewage or any gas or electrical fixture or appliance or the bursting or leaking thereof.

All of these crashes and the rollercoaster nature of the stockmarket make me wonder why the stock market is used an the preferred retirement investment vehicle of Americans.Sure it is a somewhat passive way to invest money..but the returns (for MOST people) aren't great, and there is so much volatility.

I think it's an interesting look into human nature.

The complicated questions requiring complicated and experienced answers will get fewere responses simply due to the nature of the post.Lenny, my suggestion is to be vreative in how you post your question and name it.

http://tinyurl.com/6luoe8 Here's the pertinent portion... 90% or more of the total units in the project have been sold and closed to the unit purchasers AND Project is 100% complete AND HOA control turned over to unit owners AND If subject property is owner-occupied or second home no maximum investor concentration AND No single entity can own more than 10% of all units AND No more than 20% of the project can be commercial space AND The project budget must be adequate AND The project must have all applicable insurance coverage AND Sellers must represent and warrant that the project complies with legal requirements and compliance with state and local laws.

I think the number of lenders above is a good start but here's what happens:The first time a lender suffers a "buy back" because the underwriter didn't adequately document a flip, the lender simply makes a corporate decision to make 6-12 months seasoning the rule and not the exception.

I live in Louisiana, and there has been a recent natural gas boom because of the Haynesville Shale.

I wish I had found this forum earlier, along with some of the tools I've since found.The rehab...St Clair Shores 2/1 ~1100sqft all brick ranch w/ attached 2 car garage & natural converted to gas fireplace.Typical foreclosure house, crayon & markered walls, pet smell, no updates, needs some plumbing (poorly winterized), kitchen needs to be gutted, needs windows updated.On the plus side, solid structure & newer dimensional roof.Bank "bought" it from prev owner (assessor records) for $118+k, was listed for $55k, sold to me for $35k cash from a bulk buyer.House next door is a comp that is listed to $115k.

Just the nature of the business right now.

I spent 25 years in the business of servicing owner financed notes, so naturally, I think you should use a servicing company to have them take care of your notes