Fortunately the citations are just due to not having permits for work...so I should just be able to file for permits for the work, even though its technically already been started, it would at least open the inspection periods back up for me to either remove the problem or just have them properly certified. 

Savy investors know when its a deal, its the tire kickers that waste your time.

Please advice.Price $250,0002 FamilyRents: $1,200 per unit2 – 2 beds unitsBrickAge of roof unknownTaxes: 5,300Age of the property: 72Garage and DrivewayNothing to do but to move in (unless you want to update the kitchen)Very well taken care ofUsed to be oil tank but now removed and converted to Gas1 meter for both units – water and gas (the seller splits the bill between two tenants)1 unit if rented at $1,2001 unit is vacantThe roof is still good but in the next 5 years might need some work.Thank you

I understand why you're confused though, this is possibly the worst presentation of a closing statement I've ever seen.Note that if the PMI, MIP, Funding Fee Financed (n) were to be removed, your cash from borrower (p) would need to increase to match the total credits to the total debits.

This is also a great way to see who will waste your time or not.

However, he told me in order to assure him that I'm not wasting his time he needs me to sign a buyer representation agreement.

. - Having no meeting minutes in the resale certificates where "you" but condos may be the norm, but in areas like Seattle, the ability to rent your condo or town home can be removed if enough owners vote to remove said right.  

If its a small amount we suit up (masks/gloves), get trash bags and remove it ourselves....If it's a big amount in each room and it's in the walls you need to call for a quote from an abatement company. 

That type of property you are just spinning wheels and wasting time.

And/or hire local mentors when you are ready... but read everything you can get your hands on first so you aren't wasting your $$ on introductory stuff that's in every Real Estate Investing Book 101.