A little settling is acceptable here but some have major issues especially the cheap 2-4 units. 

Basically, he finds the house listed on realtor.com or other sites for approx $70K, offers $55K cash (his own HELOC), and settles on a lower price then asking (let's say $61k). 

What we're trying to determine is will this lien survive closing where we will be responsible for the debt or will it drop off or be settled from proceeds from closing?

Should I settle for less in order to get my cash out of the bank and into a property before rates go up, even if it is only at a 3% coc?

RE: state of MD - we got tired of bum tenants skipping out and leaving us holding the bag on a big water bill , so we just have the water bill in our (landlord) name and collect a monthly fee from the tenant, that avgs the anticipated amt they would pay for the quarterly water bill. then when th bill comes in each quarter we settle up.

We have an agent helping us with our primary search, but once that gets settled, I want to be ready to get that investment property and figure out financing.

The Rural Renewal Stream empowers rural communities to recruit and retain foreign nationals to live, work and settle in their communities."

I've been threatened with a mechanics lien but this could've been settled with providing me receipts.

if It were me I wouldnt be all that worried about the plumbing if the only sign of settling is above a door/opening. if you have plumbing under a concrete slab and see settling I'd be a little more worried about bellies in the underground pipe.

Be aware that the infamous BRRRRR method has its value in better neighborhoods provided the investor settle down the number of refinance events, or their cashflow will be eviscerated by closing costs and the associated fees.