Laundry is in the basement I will have a policy on what days people can use including for myself. 

According to the press release, "The policy change will permit buyers to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales.

With all that said; The loan servicers are required to participate and write their own policies subject to investor guidelines.

With the current state of the economy and everything that is going on with policy I can understand why so many firms are nervous about a long term lease.Scott, you said with a month to month renewal you raise the rent 8%, does that mean you are making that much more with all of your tenants on m to m renewals?

The insurance you quoted at $350 for a year: is that a builder's risk policy to cover you during the rehab?

I would suggest that your friend tighten up his process and put it in writing as an office policy in case he ever gets questioned about it.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

It is usually best to go through a state voluntary cleanup program so you can get a no further action letter that will assuage concerns of any lender and also provide you with liability protection.(6) if the concern is solely groundwater, you could also get an environmental insurance policy.      

But, then there could be a starving attorney who cold do it as well, just make sure he is an insured closing agent of the company that issues the title policy so that his closing is also insured.

Today was the last straw when my electrician was in to do some work and reported there is now a cat in the apartment (no pet policy).