In short, I am expecting my lawyer to call anyday now with a settlement from a False Imprisonment and Arrest I suffered one month while delivering a pizza back in 2003 in Chicago.

Actually, "fixer-upper" is kind of a gentle term for the condition this house was in.

Get as builts if they exist for water and sewer, if not try to determine what condition the lines are in and what repairs have been done.

I figure that should give me plenty of time to redo the house and make sure it is in great condition to pull a mortgage on it.

The (one) general partner (that would be you in this case) doesthe managing of the business in return for a cut of theprofits (usually 20%) or a flat fee.There are laws that govern how and whom you maysolicit to be a limited partner, and those laws aregoverned by the SEC and are way more strict than anylaw you've seen that governs real estate.It's a big deal.I talked to my lawyer about it and he said you dont start going into "SEC" regulations and dealing with all that until you get over 9 people..so if anything I would try to just get less investors with more money per project

In the process of researching it, I stumbled across a city (Houston), department that fielded citizen complaints against eyesore properties, i.e. vacant, high grass, trash dumped on property, unsafe conditions ect....Anyway, you might be able to find leads by checking into the city department that condemns/handles complaints against the same type of properties in your area.Good luck

Leases are generally written by lawyers and have teeth in them.

Now he hasnt since he was unable to complete the repairs needed to bring it to retail condition.

I think that works in most states but check with a lawyer in yours.

Studio units will come equipped with a 21" color TV set, 2HP split-type Air Conditioning, 2.7 cu ft ref, water heater, Stove, a Microwave Oven, a Toaster Oven and a Rice Cooker.