Since each roomie knows how strict it was to get in themselves...they dont worry about incoming roomies not being up to same high standards. 

or a depression child.for property worth      >>selling the buildings for around 1.6 mil<<He could make more in a standard (money losing) savings account.This may sound harsh, I am sorry.But this does not seem to add up.Maybe you should step in.  

Standardized contracts are used so both buyer and seller aren't likely to have any surprises from a legal standpoint.

I am purchasing an investment property through a conventional loan (standard 20% down payment).

That's not old for a house, even by US standards.  

We did not have any major capital improvements, pretty much everything done to the property was either a repair and or supplies, advertisements standard.

Most state Divisions of Real Estate also have their standard forms that agents use.

The more they see that you are involved in keeping your property up to the set standards the smoother it (should) be.We do have a few rentals in our community, but violations of the property go to the actual owner (whoever is on the deed).

I am a CPCU and can give advice based on standard unendorsed ISO (Insurance Standards Office) forms.  1.  

hello everyone, I am new to investing and am getting my criteria in order and have come across probate investing. one thing I am confused about thus far and hope to gain clarity about is, the documents or contracts that are used in purchasing a probate property. it seems there are different purchase contracts than a standard purchase agreement and also I am seeing a letter of testamentery?