I have been learning how to do do a better accurate look at comps with this deal also. 

I have been surprised three ways:How little I knew about notes and how extensive the subject is.How little good (& accurate information) there was out there.How much more complicated & subtle a business model than other REINow to answer some of your questions. 

To be more accurate, someone has to have the capacity, power and legal authority to pass marketable title. 

There's so much that goes in to figuring this stuff out, the more information you provide, the easier to give you an accurate answer. 

Wells had me writing letters for every little thing and wanted everything short of a blood test!

Joel Owens, who is on BP, does a good job of representing his buyers and presenting an accurate picture to the lender.Mark

I never noticed the odor before as we weren’t running the water upstairs other than to flush the toilet test run the washer/dryer or spot clean.

At the very least have it tested before you buy, if you have to get it out on your own after the sale.

However the value of using the GC for the first few repair estimates is really helpful in determining an accurate ARV.Your right about taking action.

However, lease options are typically just for 1 to 3 years, so you can lease the home for up to three years and still pass the 2-out-of-5-years test for using the cap gains exclusion.