I've heard of other former owners trying to clear out the house before it was actually sold - taking out the HVAC - and having the sheriff stop them and make them return the items- in this case the lien holder (bank) got a call from a neighbor.

We have the freedom to purchase or sell just about anything (within the laws) in the United States without restriction to income or social class if the selling party agrees to sell and you have the cash to purchase the asset/item etc.Pooling outside investor funds is where the SEC comes into play.

You get into the larger properties that are professionally managed by larger firms and there are way less things found and when they are they tend to be smaller items and not big ones.  

The problem with bathrooms are the finishes, most people don't no how to budget them selves and purchase items that are way fancy.The construction work is pretty straight forward.just let me know.thanks

Brandon, nothing more that an asking price is needed and that could be listed as "Make Offer".You never use a pro forma provided by a seller or listing agent other than to see what fixed and variable costs by item are involved, then you begin to verify the numbers to see what they lied about. 

I've been collecting info on direct mail prospect in excel but its a pain in the "tookus" let's cal it to add to that data and then recall only certain line items that match the criteria i'd like to mail to.Hopefully by tinkering around with access I'll be able to build a simple-yet-effective database.A cloud-based CRM/Database would be ideal, huh?

They handed over the keys on June 6, which means the clock is ticking for me to itemize and mail them, although they didn't provide a forwarding address (I will mail it to the property and to my Mom's house, because she can always find family members).Here is my question.

@Joel Owens - I had a teacher in a property management class that way back in the day would fill evicted tenants cars with the items from inside the property and make sure the car was in a no parking zone.

ON the west coast as you know when you send your EM to title company and open escrow you will have a prelim in a matter of days.. you review that if there are issues you work on them but you don't incur further costs until those items are addressed.

Expected maintenance issues are based on a good inspection of a SFD, major items, like HVAC, septic tanks, wells and roofs need inspection and the condition and age should give an indication as to the probability of future performance.