Yes, you are correct... sounds like he is in not that bad of condition financially.

, but considering that I'm concerned that I don't have $50 to offer a contractor for an estimate, you can bet I'm not excited about taking up a lawyer's time so that he can give me a standard form and a bill for it.

No wonder it costs so much money to have a lawyer or CPA do this!!!

A generic contract is how you end up in court on the losing end of a lawsuit.You need a contract that is specific to your state laws.If you have any sort of landlord's association in your state, they may sell rental contracts that their own lawyer has vetted and approved.

Changes in the market conditions based on something that is not just natural rises and falls.

First of all, if you see a face, you will remember that face much easier than just a name and secondly if you like it or not, we're all prejudice in certain ways ,ever see those pictures of female lawyers, that look like they're in the wrong proffesion?

It's your job as the investor to determine if the purchase price versus what they are conditioned to paying in rent makes the deal work as an investment property.You can do it.

I'm an overseas investor that would want to invest some of my own cash, buying houses in bad to very bad condition, renovating them to good to very good standard and then renting.But would like my dollar to go a little further and be able to get some lender willing to refinance those refurbished properties in order to release equity to purchase some more properties.Hope to hear from you soonThanks

I have tried talking to the people who hold the sale and they tell me they can't give me legal advice, and then refer me to a lawyer.

Good schools = GreatGood condition = GreatGood neighborhood = GreatDoes not “Pencil” = BAD!!!