Tell her the place needs to be left in rent ready condition.  

I had told the seller this information and they are really trying to get rid of this property.The property is not in terrible condition at all, it needs minor repairs and a good clean up.

Its more about the condition of the property and the FMV of the property.

It is ordinary and necessary as a real estate investor to travel to the property so he/she can see the condition of the property, communicate with the tenant etc.Therefore, travel to and from the property can be deductible.

It is currently rented out, but given there are no pictures and we can't enter that these are problem tenants.We're worried that we might be getting in over our head since we don't know the condition of the inside.

I have had Medicaid question the sale of a house retrospectively, questioning the sale price because we bought below FMV, however, a letter explaining the price based on the “as is” condition of the house and the expenses required for renovate to get the house to FMV was sufficient.

I'm looking at properties on Auction.com and I see in the Terms and Conditions a statement noting that upset bids can be accepted by the clerk of the superior court the following day and the original winning bidder has the opportunity to place another bid after that.  

A oil fired boiler , a water conditioning system , an oil fired hot water heater , a 4 zone mini split  system , 2 sump pumps , a refrigerator and the stove .

Problem is... my other business (B2B social media marketing) is taking off and now on track to generate well over six figures annually.

I would also want to have some sort of conditions on the sale of the lot that I would manage the project for a fee and that I would have influence over the type of home that is built, and that the builder would be in on the deal from the start, and it would all be structured to protect everyone and everyone gets their profit.