I don't think the guy did it on purpose, but you need to read what you are signing, and use some common sense.

I think of a colony as a primitive, old fashioned settlement that was more common a few hundred years ago.

Ok, so the faucet has a drip and apartment 4 has ants coming in - maybe if the tenant in apt 4 had the common sense to clean her kitchen there wouldn't BE ants .. but somehow that is my fault too.

its very common in providence RI.

Is it pretty common for most realtors to invest [i.e., take the pick of the litter before it hits the mls and pass the rest on to the "non-licensed" investors]?

I am wondering about starting to charge for parking, which is common in this area.

I don't know of anywhere that has this broken down...what's the most common things done with Foreclosure purchase...

This is common, and it meant that if the home had real problems, he could back out of the deal later without forfeiting his deposit.

The way I see it, in some cases, the selling agent will get much less than 3% (given the scenario that there is a buyers agent and selling agent).

This is to cover common areas)Utility ExpenseElectricity Water GasSewerTotal Utility Expense = 3.1%SuppliesApartment cleaningCarpet cleaningExterminationGroundsPaintingPlumbingOther Maint/RepairsGarbage /Trash RemovalHeating and Cooling RepairsTotal Operating & Maint exp = 16.6%Real Estate TaxProperty and liability insuranceTotal Taxes = 8 .1%Net = 57.9%