It's not a losing proposition, that, the subject to appraisal confirmed, but it is a bit more than a sane investor might get involved with.Reversible method.Water feature.

If you lose the case you can be blocked from any eviction for X months (retaliation is assumed).Your ownership does not provide you with full control once you have a tenant.

If you are losing money on each investment each month, that is more like a forced savings plan to me.

Since things rarely work out exactly as expected, $32,000 plus or minus, is a better estimate.If you overpay at $185,000, you're likely to lose $30,000.

Because I can travel inexpensively I can easily look at deals nationwide.

Hello,Let me ask you, do you want to keep the house or lose it?

You might be slowing down or losing sales opportunties.

It seems unfair that if I decide to back out of the deal, I lose $1K + inspections, but if one of the kids decides to back out of the estate contract, there is no negative impact to their side.

I only want to go back into that unit for paint and small repairs for the next 5 years.Also, if you see that you are not going to be able to rent the place before the previous tenant moves out, it may be worth jumping into a renovation at that time (since you are losing that rent anyway).

Granted some hard money lenders will not want to do such a deal as it means you as the borrower is more likely to lose control of the project.John Corey