What is stopping me are the rumors that Teaneck's building department is very slow and difficult to work with.

Now, interest rates are rising and as recession rumors spread, people are starting to decrease their FOMO in real estate.

Now, its very important that you listen to these tenants, and then do your own investigation with someone you believe is credible.In the mean time, I'd think seriously about letting them out of their lease so they dont tell everyone in the neighborhood, which could make this rumor haunt you & your property, forever.

There are rumors of expanding the international airport that is already in place here to receive flights from Houston and Miami, DIRECT!

Fannie Mae is very good about having these properties tested even if it is rumored to be a meth lab.

I've heard not so great things about Scarborough, but when driving around, the rumors dont match.

Slinging rumors and speculation is not. 

As for Bobbi - okay - your a lender - not a seller.......that clears that up :)I have heard rumors there are ways - let me email a buddy and see that he says....For 100% certain you can have the check mailed to you or the accountant that does the amended return - then you can go to the bank with them :) Still no guarantee - but let me ask a buddy who I think has the answer.......

However, that exception for houses under contract survived in the Senate bill and from what I am hearing (haven't seen an actual bill yet, its all just rumors) it survived the reconciliation process.

I'm not spreading rumors or anything when I say people lost their shirts in 2008 because of this (not everyone and this was not the only reason but it was a big one) it's fact.