The basic reason to pour those down the drain is to keep them from smelling, and to help keep them clean.

Here's the bulk of that text:------------------------------------------------------------------------The Old FHA 90-Day RuleBefore 2/1/2010, FHA/HUD had a very clear and very strict rule that basically said, “If you buy a property, you can’t resell it to an FHA buyer for at least 90 days after you purchase it.”In fact, in some cases, you couldn’t even sign a contract with a buyer until after 90 days from purchase.

Hi Luis,Well the deed's are signed to me and yes it is basically subject to.

I have been doin my research and know the basics of everything, but just needed to tighten up on a few things like getting my contracts i got offline looked over by a RE attorney here in my state, to make sure is legal and learning how to evaluate properties to make it benefit me and the end buyer.

Plan for reserves for replacement; roof, heating & cooling, appliances etc.

I covered the sewer line because I had 6+ months of cash reserves in my account but it basically wiped me out.

Just basic cosmetic remodel stuff.Probably looking at 10K-15K or so to have it cosmetically prettied up.What kind of roof is that btw?

Basically the property would be her first house.

You need to get to the point where you can drive by a property, know the area well enough that you can value it basically while driving, know the costs of bring it up to market by walking through, do your due diligence and arrive at an offer.

Basically, you have hit the nail on the head.