Some people call it fluff 'n stuff, lipstick on a pig, or they oversimplify and just say 'paint and carpet'.When I refer to a property as a paint and carpet house, I'm usually saying that there's nothing note-worthy/major that needs to addressed with structural (foundation, roof, windows, etc), siding, mechanical (HVAC), electrical, or plumbing.

The S Corp sale mechanics are from IRS Letter Ruling 8350084 which is based upon old IRC 1034.

Take a good look at *all* the mechanicals before you seal the deal.

In general, keep an eye out for liens that don't get extinguished with a foreclosure such as child support, local property tax, mechanics liens, etc. 

With this job change I will have to move and I may use the equity in my current home to invest in something, I just like the idea of cashing out the 401k because to me it feels like a mechanism to keep you trapped. 

Hey Austin I actually got the guests from airbnb it was the other property owner through vrbo who had a place they couldn't stay at because of the conditions - when they left after one night the owner said he would repay the other nights they had pre-paid but he never paid them - they are just asking me if there is a mechanism on vrbo for them to file a claim for their money back - I told them I would ask since I've never dealt with vrbo - so if anyone has any advice I can pass on it would be greatly appreciated.

My mom lives in Guaynabo and she told me yesterday that a few restaurants around my hometown have closed because the generators failed and they can't get mechanics or parts to fix them.

The benefit of house-hacking and renting two rooms to mechanical engineer students is that they volunteered to install the nest thermostat for me for free.

Gates and keypads are a mechanical item that can be a source or headaches for some sites.

Mechanical/electrical systems fail.