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Just following up if there was an update

My contract has an inspection contingency that states the following: The buyer accepts the property and its improvements in its present as is condition; with no warranties, expressed or implied by seller and/or realtors.

My contract has an inspection contingency that states the following: The buyer accepts the property and its improvements in its present as is condition; with no warranties, expressed or implied by seller and/or realtors.

That's not to say you don't have to work hard with a fairly steep learning curve, but the risk of lawsuit goes down significantly (especially if you also communicate well and follow through on your promises).As far as taxes go, I would recommend you check with a CPA; however, I've found that the additional write-offs, etc have helped me on an annual basis overall. 

The following day as I was figuring the next step to do on the property a guy dropped by asking for the guy I had hired.

@Joel Owens  to follow up this site is predominately landlord roof over your head site..its not a place where commercial developer dwell.and the friends of mine that are in commercial IE own a mall or  strip centers etc.. tend to be self financed more family office type money .. and then on the office space i tend to see bigger REITS and BIG family offices like Schoenstien from SF etc in our market.these companies dont know about BP and travel in different circles. not that there are not a lot of well to do BP members etc becasue there are.. just that its a niche space.. and as Joel pointed out this is predominantly roof over your head type investments for people to live in.. 

I’ve been following Bay Area real estate for 25 years, but never invested.

If you understand how the process works you should know that a landlord issues the pay or quit notice the day following when rent is due.

Account Closed  I'm not well versed in the teaching of Dave Ramsey, so I don't follow.