- WillWhenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

@Nicholas Perez There should not be any fear about the money being held in a bank account unless it is over the maximum FDIC insured amount, in which case just split the amount into several accounts, maybe even at different banks to ensure access.

Reviewing the documents in advance of settlement will make the signing process safer, faster and more efficient

Well the one thing that we can pretty much guarantee is that the only thing that's guaranteed is that this shall pass.We decide on priorities; What are my priorities in this situation - getting the new house/ moving out of the flip or ensuring I do not lose money?

They have all stated they are intending to buy at steeper discounts to ensure if the market drops their investments are still safe.

It is critical for tenants to be aware of that as well.I also think it is important as part of the tenant screening process to ensure the tenant has some cash cushion and not just living from pay cheque to pay cheque.

They said they looked at the proposal and that they had to do what they could to ensure I got it. 

The lay out of the units is: one quadplex that has 2 bed/one bath each, there is a "warehouse" in the back that has been converted to a 2 bed/one bath and an efficiency unit, a duplex next to that that is a 2 bed/one bath on both sides.

His concern is that we structure the partnership in such a way that ensures equal interest between my sister and I when he passes.  

There were 2 courses of action recommended.OPTION 1:> 100% Line replacement and Water proof:> - To dig up both sides of house for gravel instal> - Water Proof both sides of home where water is intruding> -Replace storm drain lines needed on both sides of home> - cover and repitch top side to ensure proper flow away from home>> All Labor, Material, tax $13,255Option 2:> Repair Line, Jett, Repitch:>> -To dig 6ft of Stormdrain> - Repair Storm drain line where broken> -Jett lines to help clear buildup/ debris causing water to sit> -Cover and Repitch ground on driveway side of house>> All Labor, Material, Tax $2700I chose option 2, with the idea of potentially using internal membrane afterwards to thwart risk of any more water intrusion.