This "investor" would take the down payment, and in a couple of months would kick the tenant/buyers out and start over again, stealing numerous families' life savings.Just as Gordon Gekko was a blemish on the equity traders, there will always be dishonest people in every profession that will prompt the original question of this thread: is my profession legitimate, or just filled with con-artists?

Hopefully the realtor isnt pulling yopur chain in hopes of eventually stealing it from you..

Place is a 3/1.5 built in the early 1900's. has updated funace, hot water heater, 100amp panel (looks like a small bit of knob and tube was left in), new carpet downstair.Roof needs to be looked at since their was a leak (seller said it was fixed but I don't think I trust his maintnace guys), some small issues with brickwork I will be getting a estimate on later in the week. figure about $1500 for roof work and flashing fix and another $1500 for the brick work (mostly some re pointing a small area and a couple little things)Now the place needs:New kitchen(small)- tile floor (have the 18'x18' travertine that IO got for a steal), cabinets, countertop, appliances, lights ($6K)New half bath-tile floor, vanity, toilet, lights ($1500)Back stairs re done ($1K~1500)Open stairs to attic and turn in to hatchway and use floor space for closets ($1K~1500)Sub floor repair upstairs (stiffen a bit and fix 1 hole) ($750) Carpet Upstairs (700 sqft) ($1K)Upstairs Bathroom- Tile floor, Tile tub srround, build in tub since it is a corner tub now, toilet, sink, ect ($3K)Paint and some drywall/plaster repair ($4K)Fix 3'x8' second floor deck off Master BR-railing and some clean up ($500)Fence backyard and some landscaping ($3K)Misc $2Kcall it about $27K in rehab to make it nice and well in the top of the comps.I could also do less but was looking at making it shine and moving it quick.I figure I have to get into it at low 60's, Owner owns free and clear.

The city has virtually no real crime, there hasn't been a murder or even manslaughter for years, assaults are very very rare (even though city is 200k, metro 350k pop) and their idea of a crime spree is a couple guys stealing ipads and purebred puppies.

If I was the family who owned the house, I'd have a hard time doing the "right thing" and paying all that money to formally evict someone who was essentially stealing my house.

Some funny responses here, perfectly acceptable to tip your waiter, mail carrier, garbage, housekeeper etc and give gifts to friends and family because it's that time of the year but don't you dare act like a human to tenants, they'll steal your garbage disposal, lol.

The 10k rehab is total so 2500/door and that is really just new flooring, kitchen cab faces, paint.The unit is part of about 5 other buildings that look identical to it but everything else is a SFH with much higher selling prices.

He would rue the day that decided to steal from me.

@Don Levy - judgments are similar, but not identical, in different states.

As that was happening, the illusions of large pool trades prompted some brokers to lie and misrepresent truths about their identity and the owner of the capital and the owner of the loans.