The language applies to any seller financing deals that are not owner occupied.

(if you can speak their language or find a useful translator)Section 8 tenants do not have to live in war zones.

the deed will STILL be held in trust, the option to purchase route is too fishy. they could get my 10,000, and find a fault in the option language (which makes the rental agreement a part of the deal, and remember,the rental agreement will not let me sublet, but they KNOW thats what i wanna do. its CRAZY. i dont wanna walk from this deal, but im not backing away from the land contract either.

I see them finding language in the law that allows them to "respond" or make a decision without making a decision.

Well, I went to both sites, neither explains or shows the language of the bill and while many read such articles as the gospel truth and see no bias at all, it's obvious to me that it's anti-health care bill, so such writings probably are written with an agenda, that's clear.As to what the tax will be extended to, it's not clear to me.

I meant management company not realtor (english is not my main language).So the management company will do daily/weekly rentals and they will take care of small repairs. and they call it the guarantee program which means that I will be guaranteed a monthly payment at the end of the month (no vacancies, no worries about late payment and so on...)I have studied the area and it is active with tourists all year. this is the reason that the management company is accepting to make such deals.The advantages that I see is that the I have an almost worry free investment.

Here are the reasons I'm interested in buying a condo as investment":-Close to University-Close to Public Transportation-Close to Highway-Close to Medical Facilites.

It might fly, but it also could void an entire section of your lease agreement.If the section can be construed to charge a tenant for what is likely to be considered ordinary wear and tear, then it is an illegal clause which may may violate a section of your agreement.I would definitely suggest talking to an attorney before using this kind of language.

I think this change is universal.

We have found that it is harder in last 6 months to get the home run deals (lenders asking for more, second lien holders not just settling for a few thousand...SPO language limiting flips..lending environment) but that lenders are also just as willing to postpone foreclosures.