Treat people fairly, be honest, and do the right thing.

Of course the specific loan officer can be good or bad, but Ive had plenty of problems with capital one in the past.

Step #2: find out whether developers would treat it as a knock-down.

. - The area is not bad at all in terms of crime, etc, but is surrounded by low income projects and other types of modest housing, so don’t know if a reno/flip would provide the income that would make the project worth the time. - For buy/hold - this area has many section eight and the new owner would probably have to be open to that to limit vacancies. - it’s wood Construction and the current owners seem to have had issues with termites, as they’ve fumigated, which includes tenting and removing tenants - expensive procedure that could significantly impact cash flow.The agent I worked with to get this info is excellent and has worked with investors before - pm me if you want her contact.Good luck!

What would be a reasonable discount request on a property looking at structural foundation repairs to include some re-grading to prevent repeat issues, potential mold treatment, window replacement (total 20 windows).I believe in being fair to both seller and myself and I keep hearing and reading (as I went online and started researching this as I wait to get inspection report), I keep hearing that in this market most homes will have some kind of foundation issues and that should not be a deal breaker.What other advice would you give.I do like the home, it has great curb appeal, but I believe in the say, “A home without a foundation is not a home”, so I do want to be careful not to be taking on a home that will leave me stuck with a hefty bill.I plan on continuing to do my research throughout the day as we wait on the inspection report and will eagerly also await any comments that group members can offer to help me make my decision before 12midnight tonight.I hate to lose this home, but I also hate to take a risk that may leave me with a hefty bill down the line.Any comments will be appreciated, good, bad, ugly…… brutal honesty, I will take it all with gratitude.Thanks.

You are setting yourself up for disaster if something in the house needs repairs or if you end up with a bad tenant whom does not pay the rent.

Go to www.narpm.org and search their directory.If you make a mistake and hire a bad Property Manager, it can ruin you for life.

A licensed pesticide applicator will need to evaluate and possibly treat the home/property.

I explained this all to air bnb and they said too bad I need an invoice.

Everybody's defention of a bad neighborhood is different.