Basically we got the report and he went back with me to make sure the small items were cured.

I checked it out last night and found an REIA monthly meeting for my area that's well established and has a strong community of investors and real estate professionals....and of course frequent BP!

Her partner is already established. 

If you can achieve higher than average returns on the reserve investment you can even reduce the annual amount invested a bit as the return will partially offset the annual amount needed.If you have multiple properties and are still funding up the reserve account amounts, you an borrow a bit from one property to cover costs for another but this approach comes with risks as well.Other ways to off set these costs are to establish lines of credit in advance of needing the money to fund the replacements or borrow against the property(ies) to fund the cap ex, but there is the additional interest expense to consider.Hope this helps.

You've got to be cautious with foreclosures because there's issues of foreclosure rescue lawsIf you want to buy subject to the existing financing and cure the note and keep the financing in place it's a possibilitySafest way is to pay off from work it's completely in foreclosure@Bill Gulley I know you could write pages on this question LOL

personally i've never bought a vehicle with a loan but i have had a mortgage once and will need ne for next purchases too as ended up vested in my primary residence, and i can totally relate to the need for renting one's office/businessplace due to the even higher prices of coastal socal commercial properties. but what about the established brokers nowadays that are still renting everything longterm?

No issues.As long as you are not establishing another primary residence (i.e. furnishing another residence and residing there), you will have no issues from FHA.  

New investors such as myself simply do not have the connections that established REIs do, it's that simple.

You should be able to establish a competitive price.If you don't have the time to do your own research, the best option is to contact with a RE Agent.

This along with the original purchase price will help to establish your basis.