With that in mind, that memorandum of land contract document prevents either party from selling the property.... but doesn't say anything about refinancing it.

It's easy to turn a blind eye when the money is still coming in, but if they are doing damage or causing unnecessary wear and tear you will be money ahead by replacing them.

This is unrelated (and an unnecessary way to buy life insurance) but that's another topic.Anyone asking you to buy some sort of policy now, especially for $125, is scamming you out of what they think you can afford.Run from this individual.

People put it in their leases but if a tenant took you to court for trying to evict them or prevent them from moving in for using MMJ you would probably lose quickly.

Upgrading to quartz or another nonporous stone might help prevent water stains and damage in the long run but we couldn't justify the upgrade cost.

This will cost more interest but may prevent you from scrambling to save your personal residence if the HELOC gets frozen or called due.

That is done to prevent a lot of non-serious buyers from traipsing through the unit and disturbing the tenants.

If the agent or the owner is suggesting buyers need cash or 203(k), that means there's a problem and the seller isn't looking to fix it themselves.When a property needs repairs, some items will prevent you from getting certain types of financing (VA, FHA).

Notarization of the note and/or modification agreement is irrelevant and unnecessary since these do not get recorded.Jeff S. – Private Lender in Los Angeles

Such supplier may charge a fee not to exceed $10.00 to provide the requested information. (4) The failure of the public or private water supplier to provide such statement within such ten business day period shall: (A) Cause any lien for unpaid charges provided by this Code section to be extinguished and to be of no force or effect as to the title acquired by the purchaser or lender, if any, and their respective successors and assigns in the transaction contemplated in connection with such request; and (B) Prevent the public or private water supplier from denying water services to the new real property owner or tenant. (5) The information specified in the public or private water supplier's statement shall be binding upon the public or private water supplier as of the date of the statement and for 30 days thereafter.