Any of the daily little things are what add up, It gets real when you start looking how much you spend over a long period of time, you're talking thousands that can potentially be a percentage of a down payment (in some parts of the country, the down payment itself!).

In some states, you have to file lien within a certain period of time after work has completed (typically 90 or 180 days), otherwise the contractor loses their right to lien.

The guidance is just proposed and in comment period now, so as they say, we'll burn that bridge when we get there!

@Tom V. non payment equals eviction. period. do not treat these things as people, ever. they are trying to keep your money at all times and live for free, you are trying to get rent. these are in direct opposition to one another.

As such, redemption periods are not the same in all states.

@Jerry Kisasonak I've only heard via these types of boards that there where unscrupulous investors who by slopiness or on purpose made a business of putting unqualified buyers into a lease-option and then after the option period and they couldn't get a mortgage putting them out keeping the option fee, then repeat.

Any unlisted properties may still be in the redemption period and thus cannot be marketed yet.

Look to on the after tax basis and the expected holding period with depreciation. :)

Get an option period to find a buyer, and then contractually limit your liability.

There are now holding periods, 90 days I believe, from the date of the last refi in conventional loans.