My assumption is that a lien of 1M for whatever age old violations on a 200K property would basically make this property unsellable and that the city would in the interest of seeing the property purchased and turned around more open to reducing the lien to some more reasonable based on the market value of the property.

Then you come up with a letter where you basically tell that person your interest in purchasing their property.

He said he basically had to gut the entire house, everything but the 4 brick walls.

Agents that that understand investing and basic principals like cash flow and appreciation are an enormous value add Vs the agent who is showing you a house because it has a “pretty” kitchen.

The basic and relatively cheap updates will go a long way. 

You will collect your tax statement from the lender and basically duplicate it to the new owners, both of you cannot take deductions for this3.

This often happens because the landlord forgets to ask for certain remedies when bringing the ejectment action because they are in such a rush to get the tenant out.In Pennsylvania, an appellate court held that these installment land contracts are basically residential mortgages as well.

So I carry around a form, an affidavit that basically says that under binder# or policy number such as such between such and such dates, they will hold us harmless for any claims.

It seems when adding in the property manager-- you would be basically breaking even?

Hi All,This may be super basic but I cant figure out how to follow a forum that inst local to me.