I'm sure some do, but most, the ones I mastermind with on a regular basis from around the country, do not.I like J.

.* Regular inspections to check for leaks, ceiling damage, make sure window AC units are properly mounted, etc.* Other preventative maint, such as cleaning gutters

Some idiot left a (ball check) in place fully inflated on the 3" line.No wonder water form the tubs wasn't draining.Apparently there was work done to the kitchen 7 to 8 years ago before I bought it a few months ago.The plumber says the ball check is to check holding water and pressure test and then is supposed to be taken off and a regular line used or just remove the ball and cap the pipe.Instead he said many times dry wallers just goes over it before the plumber comes back and the plumber says screw it and leaves it.I just couldn't believe it but the plumber has found this before on other properties he has worked on.

Thanks, Jon, for the advice - Would the termite inspection report and the regular home inspection report be enough to determine all the repairs that may be needed ?

You will need to make him think that the you and the seller have a good rapport so he doesn't even think about circumventing your relationship to this thing.And then you will bring psoturing and attitude together and let him think that you find great deals like these regularly and you will need his services on future deals if he handles this one correctly at a good price.Use posturing and the right attitude correctly and you don't have to worry about the contractor trying to get slick.

I’ve read where buyer pays closing costs. ( regular wholesale deals).

The title I was referred to told me they do not allow assignments.

(Tax lien, purchase, inherit, etc)If you businesses method of accounting is:AccrualThe eviction costs go into your basis of that property if you are on an accrual basis for your business.Cash BasisIf you are on a cash basis you will deduct in the year you paid the expense.This is assuming you are regularly in the business of dealing real estate.

For reference, your state has other forms at http://www.car.org/legal/standard-forms/ depending on what deal you have.

I realize this is an extremely old thread, but in case anyone references it I thought I would add a bit of information.