I would get the ice-maker fixed or replaced and then have her sign a release that makes any future repair on her.

So if you have $250k into a property and in 20 years you sell for 500k, the $250k gain is potentially tax free.You're spot on regarding the regulations, final regulations haven't been released but I had a conversation with the IRS as well as with the attorneys we're working with and they suggest the same thing, setup the entities in accordance with the rules written, regardless of the vagueness, and if regulations come down that are contrary to partnership agreements, corporate resolutions, etc. then we'll need to amend documents as necessary.

@Teacha Wong I believe according to the new legislation effective on 1/1/20 multifamily-zoned properties will be allowed to have ADUs, but much uncertainty remains as to who can do what until the state releases regulations in mid-December.

In this Scenario : Property is listed.There are no accepted contracts currently.Multiple offers are received.ONLY one of the offers can be accepted as primary.Any of the other offers that the seller wishes to accept would be “back-ups”and would be subject to release of the primary contract.This is true even though the contract has a contingency that the lender mustapprove the short sale.In short sale situations the lender is NOT a party to the contract.

It is clear that the plan worked of the big banks for the release of new REO inventory in the first quarter of 2013.

We have a "Return of Possession" form that we and the tenant signs when they move out, whereby the tenant can release any left over belongings to the landlord to dispose as the landlord chooses. 

This is something that is common in commercial lending, "floor plans" for car dealers is a good example, a car is sold and released and the credit line remains with liens on additional inventory.Doing this in RE is also done by banks.

@michaelsiekerka Trip Advisor released this report last Thursday (2/13/14) the day you posted: http://www.tripadvisor.com/PressCenter-i6602-c1-Press_Releases.html It validates your thoughts on Marco Island, in regards to southeast and beach destinations, but it does appear that there are nearly 100 listings for the area on VRBO alone.

End product is $25000 note @11%APR, amort 15 yrs, balloning in 3yrs (secured by deed of trust and $6100 DOT/release fee on another of buyers property (in 2nd position but more than adaquate LTV))Thanks in advance for comments.

Plus the $8K makes them be able to get into the market while just a price reduction doesn't.At some point this year, the banks are going to hear the 'starting gun' and release REO's like a Tsunami.