No biggie, I'll just add it to an itemized list and take it out of their security deposit. 

Well worth the investment to make sure you don't inherit any additional expenses (irs lien, back taxes, etc). 

In addition, look in Attleboro.Acquisition prices are lower, and so are the rents - but I frequently see MFRs that meet the 1% and even 2% rule.Check the crime heat maps on Trulia to get a feel for the neighborhoods.BTW, New Bedford has done a really nice job cleaning up the waterfront. 

The question I'll be trying to answer tomorrow is this -- if my purchase price at auction is higher than what the lender and IRS are cumulatively owed, does the additional money above making the lender whole go towards satisfying the IRS lien -- thus putting out that red flag fire either way?  

So no additional supply to satisfy the demand.

I then decided I would try to flip it myself and had a home inspection done and found about $20k in additional repairs that were needed under the house (mold.

The lender will take the rents from the leases or the appraisal X.75% minus your PITI and if its a positive number, add it to your income or if its a negative number, add it to your debts.

This should be enough for an offer.Make it clear what additional information you'll need during the inspection period before your deposits are non-refundable.

Or if they don’t have the money to take care of a serious problem that could end up costing you a lot of money, you may want to step in and take care of the situation to protect your asset because, at the end of the day, it is still your asset until they exercise their option to buy it.

Once you’ve been a broker for a while you can qualify to take specific courses to give you additional designations.