If title is clean, a suit may not attach after the sale, only under rare circumstances and title insurance would step in for future claims, but you need to see the nature of the suit, it may not even concern that property.When people start getting sued, they have attorney fees, deductibles can kick in, their world can get messed up quickly and I've seen people lose more than a 100K lost, so you need to at least do your due diligence and consider it, but if begins to look like it could be a nightmare for you, walk away.What would be hard to take is being talked out of it or scared off only to find out later the place did sell and there were no issues.

He took meticulous care of my property : painting the home, putting in a fence, paying for any repairs needed .Unfortunately last Friday he told me that he will be purchasing on a million dollar home nearby and will be leaving in early January but will pay me rent for January.

I wish I could give an accurate figure here for how much it needs in renovations but unfortunately I really don't know.

Suggest you consult your own tax adviser for specific details that apply to your circumstances.

Unfortunately terms are two generous to the borrower for an investor to have interest in it without taking a big haircut on it.

If you are in the unfortunate position of having virtually all of your total IRA assets in real estate, you will have to sell (at least some of) the real estate in order to raise the necessary cash to make the distribution.

Unfortunately I don't think this property will work.

Unfortunately, the appraisal just came back at 315k instead of 335k and at 85% that only gave me about 40k to work with.

Unfortunately, vacant properties are open to theft/vandalism.

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