Then you've got to have reserves to be able to get started on the rehab before you get the draws so that's another couple thousand I would guess.Flipping can be profitable, it can be satisfying, but it can also be costly even if you get a good deal.Again, I'm not being mean, but I want you go get started with your eyes wide open before you get started.Stephanie

I consider myself 100% UNEMPLOYABLE and intend to remain that way forever more;)

He needs to sign a roommate off lease agreement and she signs that also, and the security deposit is listed as it stays on account with the remaining tenant.FYI,, in MN a person with a Domestic Abuse Case can give notice and basically vacate FAST, with proof of the case regardless of lease term, all that's required is that rent is paid up until date they leave, no penalty. ( if I remember correctly).Which stinks for landlords.. but protects the victim from continued abuse and the abuser from finding out where they moved to, and keeps them from returning to harass. 

They covered about $85% of the required cash (repairs and actual purchase), and I covered the remaining 15%.

Do I refund the $1,850 to the three of them and have the remaining couple cut a new check?  

My question is, since I'm in contract to buy the house now from the bank that now owns it, is it required by them to satisfy weatherization stipulation?  

Sure going after them is satisfying in a crusading for what's right sort of way, but how much time (and money) is your client willing to throw at this issue?

My wife also quit her job when our son was born so we are now a "stay at home couple" operating that facility, one other storage facility as well as our remaining 8 MFH from home.  

Difference is I only have to satisfy myself, no investors.Right now I am his only option so I have that advantage and I intend to make him pay for his mismanagement style or walk away.

For example, if the loan was $100,000, you could lend $19,000 and the remaining investor(s) fund the remaining $81,000.