We thought that shifting the property to my name and then go for a secured loan will be our best bet. 

I'll let a contractor weigh in but I'll bet that old vinyl will act as a vapor barrier for your new floor.

(You see,average value of riverside SFHs is currently 150-200k)So I thought,"yea..too good to be true...I bet something is wrong with it."

You could even make a hundred bucks or so by selling on craigslist but if you put it on there for free I bet you could have it gone by the weekend without lifting a finger.

On a sale of that size a partial exchange is probably your best bet.  

I have been looking at Long Beach NY, which is more affordable, and closer to where i work in the city, but does have flood issues, it is a popular area to live in, but would this be a good investment? 

PM me :) 4) Yes condos are becoming more & more popular even with the HOA's because the higher rental rates you get for a lower capital outlay washes out the HOA costs from an ROI perspective. 5) The longer you wait, the most it is going to cost you and the lower your ROI will be.

The bank won't/can't tell you and the attorney may or may not talk to you so the seller is your best bet preferably by showing you a copy of the notice they received. 

Heres the approved courses:http://red.nv.gov/uploadedFiles/rednvgov/Content/F...Ive personally used proschools and onlineed and have no complaints.Key and Kaplan seems to be really popular as well.Ive never head of complaints about any of them.

To hedge my bet, I want to switch from a year long lease to a monthly lease.