That wall has the kitchen counter and cabinets against it, and it's a complicated one to repair.I showed the bank the 10K quote I got for the mold remediation.

Kevin,You're making it sound so complicated.

You're basically offering a months rent for a (complicated) sale.

If someone comes to me about using him, I'll typically handle the contracts and payment through my business...but I'll ultimately oversee his efforts and if there are any issues, the other person can come directly to me.Basically, I only get involved in I feel my reputation is on the line or if the work is complicated enough that having me involved will be a benefit. 

What are some techniques for backing out of an AS IS deal with your deposit?

Too Complicated?

I went for BH apartment because of the upside.OK - so I work in title and HOA field, I am 56 years old college grad and I just want to end up in the same position as my sister (owning a nice home and having the income from a paid off 1.2 million fourplex would put me on equal footing and match my own life change objectives.My personal situation is complicated.

If for some reason I get sued then will there be complications from this of any sort?

You don't have depreciation on raw land (which you lose the benefit of in an IRA) or a lot of complicated transactions to keep straight.You would probably be in technical violation if you stayed on the land but not if you just visit.

RE can get complicated due to types of properties, financing, construction issues, different types of sales, use of partners on a single or multiple deal(s), leasing issues that you may be forced to rent out a property instead of flipping it and liability concerns.