Is it in terrible shape or is there no demand for it?

They need a lot of work and there is little demand by tenants except low rent transients.

Someone else can be shown as an owner of record and that person can have other agreements to convey that interest upon certain events or upon demand.

Just because a contractor files a lien does not mean they are correct and damages can be awarded for the filing of an improper lien.Edward, get your contract out and identify the clauses relating to this specific issue, then take that to the bank and demand that they not release any funds but abide by the contract terms.

But should see more first time buyers enter the market.To be honest where I am living in the south not far from london house prices didn't fall by that much, there is still strong demand for the area.

Commercial and Residential loans are different animals. a 4-unit property can go either way.

Since the units weren't individually metered and the HOA pays the monthly water & sewer bill he decided he would open his faucets 24/7 until they yield to his demand.

After several texts the tenant agrees to give the deposit that same day and pay the first mos rent Friday, so I agreed to that and they agreed to that, well two days later they decide to back out and demanded to have their security deposit.Well I had to turn down several very potential tenants and many other callers literally like 10-20 people.

There is a demand for rentals in the area so I hope to have minimal carrying costs.Right now I am trying to focus on that fine line of having it nice enough but not spending too much.

What is driving the demand for housing in the area where you are looking?