Often times you are likely only getting a Special Warranty Deed which only gives warranty during the time of ownership and does not offer warranty prior ownership.

I think it would be cool to host on YouTube (I can put it under the BP account) and then we'll either make a special page here on BP, or we'll make separate forum threads for each video since we can embed YouTube videos here.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.You might consider Niche or Specialized Housing like student housing.

Self educated legal expert that specializes in making other people's lives miserable.

There is also special licensing in Texas for selling trailers, it's not like flipping a house.

http://goo.gl/Qe17x What special things do you do in your town during the holidays?

Call up code enforcement and ask them about these violations (if they are known to them), then perhaps hire a specialized inspector to just go in and give you a specific report on all these violations - nature, solution, estimates...with pictures.

-When your contractor specializes in "Cheap and Cheerful" it will always end up NOT cheap and far from Cheerful.

You are going to need very specialized legal and tax help on this deal.

According to the county clerk's office, the deed is a "Special Warranty Deed."