The answer to your question all depends on what you and your husband really want----what are your skill sets, goals, finances and life styles.

Could you ask/make him pay for the repair absolutely, is that the best course of action...maybe not.Usually you are using a handyman because he charges less for the type of repairs he is doing than if your hired skilled tradesman for that specific job.

Are properties trading at a 6 cap there??

What was mortgage interest, real estate taxes, etc.Your 35k van probably wouldn't qualify unless it was specifically over 6,000 lbs AND it was used 100% for a trade or business.

Tell your attorney to pass it to your ex-to-be in trade for another asset.

Early today, my mom's symptoms grew worse, vomiting, confusion, slightly diminished motor skills...

I am an engineer by trade and sometimes out of curiosity, I look where I shouldn't have, and this had in the past lead me to some big headaches.

The compensating factors here may have been the down payment, (LTV) and length of time on the job as well as credit standing and obvious personal management skills, especially if there were no other debts or if another debt would be falling off in short order, say like 8 months.A bank could fund that loan as a QM, it doesn't have to meet all Fannie Mae guidelines.The main horse of the CFBP was on TV this AM.

@Tim Richard, I may be alone on this one, which is ironic, given that i went most of the distance on this one and have a Master's degree, but if you know you want to be in real estate/real estate investing, i would suggest you find a job that will give you the skill set to be successful in that field as soon as possible.

We've seen institutional quality assets in the best markets trade in sub-5% cap rate range.