The owner that died lived in the house since it was built (1968 if I remember correctly - don't have the listing in front of me).Also, looking at the property, I just don't feel concerned about flooding - maybe it is because of the drought here currently, but the creek is bone dry and it really doesn't look like it carries much water in normal times.

I also made comments and answered questions, but when I go over dislousres and the crust of the deal, the 100th guy hears exactly the same thing the 10th guy heard and the 1,000th guy.

I won't go into the whole story but we lost about 200K on a franchise deal, mostly due to a lawsuit from the state that the franchise left us out to dry, so you can understand her apprehension.

We put the stain in a small handheld paint sprayer,   And he put a coat of stain on the bricks while I followed behind with a dry towel, wiping any drips.

The washing is fine.. but it takes 3 hours to dry which waste a lot of electric

If they leave you high and dry, or worse just decide to stop paying and drag you through the courts, it can be months of you covering all of the costs.  

I have been eyeballing properties up there as it is so dry here in the metro and Norco areas.

Luckily mold is rarely an issue in the dry areas I am.

This protects lenders from having a borrower run the Property dry without keeping it up which is especially bad for a lender if they have to foreclose.

Now, I do already have a lot of dry powder for another correction, but I’m trying to bolster my cash position as much as possible.