Luckily, using Kilz on it to seal it can fix it (same with wood); you might also treat with a urine remover product (spray on, let soak in and dry).Downside - an extra day for painting and letting it dry, before putting in new carpet.

I'm aware that housing prices and rent control are hot topics in the coming election but I'm still at least two years out from buying my next property so I'll definitely have time to watch how this plays out before pulling the trigger, but I'm currently open to buying in the states as an option.

And if you choose to pull the trigger on this park, go into it with your eyes wide open. 

Morning BP,I am looking at a shortsale, the bank will not take anything under 270k, i think the house needs at least 30k of work to bring it up to its full potential.Right now the ARV is around 320k, but i believe my market area is on the tip and i am scared the second i pull the trigger the market will flop and ill be in the red.I know there is a lot of "market crashing" talk, i usually think it is nonsense, but this house does seem over valued.I know i am the only one that knows best for me, but what do you all think? 

I feel like I have a lot of decent properties in my neck of the woods but as this is my first investment I am very weary on pulling the trigger in fear of getting the wrong one.

The main downsides were that the full cycle (wash and dry) took a long, long time, the loads had to be pretty small, and you can't have two loads going at once (one wash and one dry).I'd go with a stackable unit.

The other issue is I understand that Banks do not lend to LLCs and transferring to one could trigger a full payment due clause. 

You have a lot more dry powder if you put less money down, but maybe you don't need it right now.

One is, can a property be transferred to a parent/child prior to death and not trigger the capital gains tax?

It as took up to 6 months or longer for my clients to put themselves in a position and confident enough to pull the trigger.