That’s a year of consulting, communication and coordination of all the bank approved parties and numbers, project due diligence, auditing, inspecting construction, and results monitoring, though property management rental and leasing and keeping everybody happy!

They have been responsive to my few requests, but I set up an IRA LLC, so I don't have any involvement with them at this point other than the $40 or so quarterly fee.I had to go back and forth with them some on the form of my LLC operating agreement, so if you want a copy of the agreement they've approved (saving yourself the exorbitant $5,000 or so fee that the attorneys that do this sort of thing charge), send me a PM.

When the Trustee(s) sell Real properties, it is subject to the approval of the court.

I do plan on pursuing any and all code violations that his father has but not until after I get my subdivision approved.

Not looking at any major maintenance issues coming up, but I am in beginning phases of the deal and haven't completed a thorough due diligence yet. waiting on my loan approval from the bank before I do a hardcore inspection(have a credit issue where exwife supposed to pay something and didn't and they wont remove my name).

We have have a few short sales this year where the approvals took so long that by the time the approvals were ready the market corrected and the properties were no longer short.Our market ( S.Calif ) is recovering fast and the need for short sales now are much fewer but still an option for some sellers.

It is a bank approved short sale, supposed chase is ok with the sale.

Bankruptcy issues are generally of a concern as the court must approve the sale, you can ask the title company to provide specific approval.

I would get someone to go to the city/county and order a set of plans and existing permits, both approved and outstanding, and look through them, and compare that with what your inspection show.

Since they do my have short sale approval yet, I am guessing you have no case.