Of course the hookers would be the tenants on the upper unit and the drug dealer would be the main level tenant.

What I've come to understand is there are 8 main components to a land contract:Purchase AgreementLand ContractLand Contract MemorandumClosing StatementDisclosure StatementDeedID StatementAmortization ScheduleIs there anything else I should familiarize myself with?

My main reason for having cards is just to get theirs.

I am going through the exact same situation in Chicago; but our damage came from the main sewer line under our garden unit.

I have always had an interest in Real Estate, mainly flipping and selling and owning rental properties.

The main reason I'm looking to secure the property is that my step dad is Ill and in the event he passes I wouldn't want any issues with anyone trying to take the house from mePlease help

Is it in an area that rents mainly to lower income people?

Mainly focusing in the Springs, Pueblo and FoCo/Loveland areas.  

Tampa is a good area, but deals are getting harder and harder to find, but there are still some good ones if you put your time in and know the area, wholesalers and how to spot a good deal.I recommend going to one of the local REIA meetings and meeting like minded individuals, also meeting contractors like my self that deal with mainly investors, there are a lot of contractors that will take advantage of someone they know is new to the area a doesn't know they don't know.When you get here, message me and I can always point you in the right direction in the way of your rehab and with contractors, get you to a REAI meeting and introduce you to some wholesalers.Again welcome to BP, and look forward to seeing you when you get here.

@Chris Gerbig I have a rental with a pool and I think about selling it mainly because of the pool, but I haven't yet.