After 2 years, some parts have expanded, and if it's in the middle, you can either ignore it, or you can re-do the entire floor... 

They raised again to 172K.Repairs took place over two tax years, I will ignore second tax year for now:  Tax year 1-  30 K in capital improvements. 

If you're interested in rehabs, check out a local trade school,  and take basic classes on plumbing/electrical/drywall/etc.. so many people ignore the rehab part, and pay $$$$ when it just takes knowledge!   

I note quite often that some BP members hide their profile or give very little or no contact info. I had one FRAUD AND SCAMMER brokering without a license. We got into a little "exchange" on their post, and they went ...

Were their signs you had that this person was the wrong partner that you ignored?

Who in their right mind ignores a hole in a bath tub ? 

After all, the note holder cannot simply ignore the request to pay off the note, they must give the borrower the chance to pay it off before foreclosing.

If he ignores you, then simply move on.

First you need to understand the risk and reward in your own backyard, investors from CA are dumping money ignoring high property taxes, high state taxes back in CA and  bonus foundation issue.OOS is a fashion make sure you have a game plan.Lending and LTV, in general 20% down payment for 1- 4 properties, 25% or more 5 -10 properties.

Completely ignoring that LOCs and CCs can be frozen.