With all due respect...there's not much you can't do with the right contract or addendum.

You will flush out alot of questions from contractors which will force you to do some more homework decision making about how to build.

. $50,000 cash up front to satisfy his contractor, who is in the middle of rehabbing the property.

Then my contractor followed by an inspector.

For those of you who are both Realtors and Investors, when you're negotiating with a home owner, do you use your standard Realtors contract, or do you use a different one?

yeah I just talked to someone else at the water department first he wasn't sure then he went and asked someone else and said that I'm reponsible for the full lenth from the main pipe on the street to the curb stop and from curb stop to the house, should I be taking this to court because all the contractors I have brought are saying that they only do it from the curb stop to the house but not to the street because its the city that should do it.

The inside is bad, but if everything works, after cleanup it is livable until the work gets done: No, it has not yet been inspected, but I’ve asked my agent about having a contractor go in before the lender agrees to my offer, so I could pull my offer if my expected remodel costs were too low.

In December I had 1 vacant unit out of about 300, today I have 16, including one house just sitting for 3 months just waiting for the contractor to become available (major renovation).

One suggestion--TELL THE CONTRACTORS.

As an added bonus, in all likelyhood the value of your property has appreciated OTOH, if the basic structure is ALSO in poor condition, AND the roof is bad, and its not that great of a location, or floorplan, or... then it won't make any difference- you're looking at a teardown.It also probably won't work if you are unable or unwilling to do any of the work yourself; and/or if you are picking all new contractors out of the Yellow Pages.In general, I disagree with the idea of doing just enough to get it rented, then make it nice when its time to sell.