One of ours in suburban Detroit has asbestos siding that a previous owner covered with vinyl. we were told the safest thing is to leave it alone/not disturb it.Are you looking to cover/remove for safety or cosmetic reasons?

Loan programs do evolve and shift over time, and we all remember how they tighten up in bad times and loosen up in good times,  another good reason to buddy up to your ace lender friends.Deb Perisian       Investor, realtor, WA & ID.

She has her ccw and stays trained for reasons like you state.

I'd love to hear from anyone with tips, suggestions, questions, just to say hello, or for any other reason!

If he has not paid the rent in accordance with the lease is there a reason you are waiting?

If the building is not stabilized there is a reason why and a reason why taxes are not being paid

( also what would be a reasonable amount to start off with the negotiating to offer on that amount of debt?)

Here are my numbers as it sits:Income:$2600Expenses:$650 - (vacancy, repairs, cap ex, management)$250- taxes and insurance$180- owner paid utilities$300 - my cash flowTOTAL: $1380Left to pay monthly mortgage: $1220So given these numbers I can still get this thing to cash flow, and if for some magical reason I could ever get the city to change the rental license back to save the integrity of the property, this would be a home run! 

Do I need to get a real estate attorney for any reason or can I do the work myself (or with the help of my wife)?  

Reason being, whenever there is a major storm, roof and siding people get backed up for weeks to months.