She said there is a 60-day window to have the work completed upon closing, but that timeframe is pretty much meaningless because you get an additional 6 month extension every time you pull a permit.

If that garden has been there for at least seven years, the neighbor may have a valid adverse possession claim they could use to legally take the part of the property they have been encroaching on. 

Am I hard nosed enough to start taking the legal steps toward a Trustee's Sale (these were in Texas) on the second of the month?

If you want to chat a few minutes, you can give the office a call and we can go over some of the legal needs to get started in real estate investing.

Or if I am legally obligated to refund all of it before I assess any damages. 

Are we permitted to manage our own unit’s rentals?

I do have free access to tax delinquencies and legal notices, but just looking to expand my options.

Nobody can argue the legality closing on the house yourself and reselling, but that take a lot of benefits of wholesaling right off the top.

I'm not sure what the marijuana laws are where you're at, but here we have a lot of people that want to open medical marijuana dispensaries, but most landlords don't want to lease to them because it's such a grey area legally.

As a reminder for any other readers, the 50% rule applies to gross rents and accounts for all expenses like management fees, taxes, insurance, vacancy, maintenance, Capex, utilities, water, legal, yard, etc..You should only use the 50% rule for a quick analysis and a true historical picture of expenses on a property is preferred.