Or the affiliates/marketers of the guru education programs pretending to know what they are talking about and skirting the soliciting rules in the forums!

The best way to get leads is to get out of the office and go talk to people.

But long story short, I think your cousin should absolutely consider talking to an elder law specialist on this topic.

I will talk to my realtor and have her check with the sellers to see if they are good with it.

Youre talking 50 years old vs 100 years old so when it comes down to it they are both old.  

The expense will then become part of the basis of that property.That's the technical answer.Realistically, if we're talking about a small amount for Lost Earnest Money or inspection, many people either roll that into the basis of whatever property they buy next, or expense it as I've outlined above.

I would probably talk to the tenants in the units you do not want to fix first. 

Thanks Aaron Mazzrillo I'm gonna talk to Krasney about this.

There have been talks about starting an official brokerage and having the schools be a major client and start seeking outside work doing investments and leasing.

Or is there anyone local interested in meeting up or talking over the phone and giving some info and/ or advice?