I really do appreciate any help and will return the favors when and wherever I can.

If he wanted bids and control over the work he should have done it before he left.Next time you're in court you might call 4 or 5 witnesses from the courtroom and ask them how often they replace carpet in their homes and see if that gives you a more favorable ruling from whatever judge du jour you get...

You might have to decide if market is favorable to sell now or sell now anyway and accept a loss on your initial investment or wait for more favorable market conditions while having a risk that repair bills might be incurred during that timeframe.

There's a ton of good info.Regarding taxes, I'm no accountant, but if you are looking to buy some homes and rent them out, taxes are pretty favorable compared to most endeavours.Good luck!

There could be newer information out there now since this was from 2007 but I would definitely check twice because the PA supreme court is the one that ruled in favor of the end buyer.http://lawyersusaonline.com/benchmarks/2011/12/06/must-home-sellers-disclose-murdersuicide/

If you're investing on the fringe of the city where vacancy rates are higher and rents are declining, leverage is probably less favorable.

The court stated that an 8(b) lawsuit could occur when no real work is done in exchange for the fee, or the fee exceeds the reasonable value of the services actually provided.The United States District Court for the Northern District of Alabama ruled that the Brokerage had not identified settlement services to support the Fee and therefore the court ruled in favor of the Buyer and the class she represented.

I used to use this option years ago, but stopped in favor of the above options.

It would have to be approved by the bank, and generally only a small local bank where you already have an established relationship would allow it.The main option for avoiding the large payment is to live in one of the units and get more favorable owner-occupied financing.

Basically, I wonder if they would discount the note as a favor?