In my experience, there is always SOMETHING missed in the inspection or discovered after demo.

But, now they tell me they can't due to this clause the title company discovered today.

I would think if you disclosed the damage as water damage, you'll be better off, but if nothing were disclosed....well.....you might have mentioned that and I may have missed that.My only point is the standard is higher for individuals and especially Broker/Realtors than an institutional seller.

I recommend reading Real Estate Development Principles and Process by the Urban Land Institute.

Even when the discover that they can't, they may feel to proud to cancel their intention to move.Your tenants will appreciate a 60 day notice.

Now that you've decided to jump in and get active, you'll discover how much value there is to gain here.I'm looking forward to learning more about you and hearing about your future successes.

DO NOT GET one from Community Associations Institute (CAI) or any of its offshoots.

If you continue to browse the forums and read on the site, you discover there is a wealth of information here.

The MFD deals you are talking about are from large institutional investors with a WACC in the 5% range or so I am guessing.

I don't know Greg but, the way I see it is that you buy the Home Runs for your own account, you sell the rest to the institutions and your other buyers.