–Steve Jobs At 20 years old and fresh out of college I just needed money and it didn’t matter where it came from.

These properties don't seem to be in horrible shape, could maybe use some fresh paint and carpets but nothing that would require a large amount of capital and exceed the comparable market values.

The inspection revealed both intact and particularized asbestos underneath the house and in the closet which houses the old/decommissioned furnace. 

It almost looks like expanding foam next to the shower, which is not code in any state.There is fresh caulk in the corner of the tub, that isn't a fix either.

However, an internet search reveals that she no longer practices real estate law because she resigned/was disbarred for "engaging in conflict of interest in a real estate transaction and neglect." 

If they choose to move out, then rent the freshly renovated unit for the new higher rent. 

The cable and internet were on and there was a fresh package of lamb shanks in the fridge!

Furthermore, he asked me to sign a buyer's agent agreement immediately without revealing any further market color.

Even it leaves some dangling questions about liabilities.One is obvious - go there (or pay someone to) to find out if you're buying a gas station or hide tanning factory.But will the title search and execution search reveal it all?

Had a lot of interest in the unit, 50% of which were "normal" prospects, 50% of which were "unqualified" (read: utter lunatics).Definitely will look to put more systems in place for tenant qualifying next time around...Next step is to get a fresh paint job on the exterior (aluminum siding), and hopefully will get a good appraisal when I go to re-fi in a month or two (estimating 170 - 180k ARV).