I don't really have any evidence that they new about the leaks accept that I noticed the leaks for the first time after there was heavy rain within 2 months of buying the house, but now 11 months have passed since I purchased the house.If I was going to go forward with this I would just get a quote from a contractor on how much it would cost to fix it and bring that to court as the amount that I want to collect in damages.

He didn't ask me for proof of funds however.

These suburbs collectively have some of the best schools in Alabama and are sought after by most who can afford them.For a nice mix of B class houses try Centerpoint/Huffman, Hueytown, Adamsvilles, Forestdale and Pleasant Grove.

I always collect one full month's rent first regardless of how many days they occupy the first month and then have them pay the pro-rated amount on the second month - it gets more skin in the game with the tenant. 

We liquidated two, got all our initial investment back, and have three reperforming notes left with a relatively high UPB, on which we plan to collect the entire amount.

Collectively we net $4,000.00 a month in wages.The lot is zoned SH which allows a 2nd dwelling on the property.

For example, I am shopping around for rates on a 3 family and banks have asked me to prove 6-12 months proof of expenses (even if it's in a 401K savings fund) if if I decided to do 25% down.Good luck on your negotiations...Flavio

Is it legally possible to collect the rent for the time they stayed in the property from settlement?

The overall pie (i.e. the total property tax collected) doesn't just go up.  

What are the most common things that a home inspector misses and is there any recourse you can take after they did not provide you with the correct information?Ex:  An inspector missed that the place has a bad electri...