Fees are very reasonable compared to others.

I would have been within my rights to disconnect their electricity and water line and hook the well to my house.

Hello,I am new, but learning a lot, and my last post was just like this one - seeking opinions on a possible deal.In my area I found an REO on the MLS for $70K, while other houses that are comparable on paper are listed for nearly $100K and selling.

You just need to know that there are sharks in the water and it takes a lot of money to do the job correctly.

Prefer it compared to what?

Plus, lenders have different guidelines for rental properties, compared to owner-occupied properties.I agree with loki005.

Then the water dept came by while I was cleaning the beer bottles from around the house....can you guess???

Pretty much whenever I do laundry water leaks in the floor on the other side of the wall.

An old home, to be safe, will probably need an entire new chimney liner.If you permanently seal the opening and make a decorative focal point out of it (I HAVE seen a fireplace turned into a water feature!)

A landlord can not transfer some responsibilities (heating, water, functional roof, doors and windows functioning, safe electrics).So, if you have an agreement and the tenant is following it you pretty much have no leg to stand on if you feel something is wrong.