You have to tell the seller UNLESS I can perform very detailed due diligence on this property and see ALL units I have to plan for the worst and you will lose equity for what I can pay because I can't validate things.The better records and validation the better my offer can be.

Seems like mine used to also do something weird when it got really cold, but I can't remember the details.

(Please provide me with as much detail as possible)When i start putting deals together i want to present my potential buyers with a comprehensive report.

Peter,Not getting into all the details, $400/month or $4,800/year is a 48% return on your $10k equity if you were to sell it.

They weren't detailed enough and only gave you a pass or fail without you being able to review the report details.I will try to remember and look up my notes for what site it was.

I'm not expecting too much detail, but certainly feel free to elaborate if you're bored.

I made an offer and I'll post more details either tonight or tomorrow once i do a walk through.

Feel free to send me a message if you need more details.

Feel free to add or correct detail as needed.Subject property has a 1st position mortgage which is in default.

I know you are supposed to owner occupy FHA properties for one year, but I am having a hard time finding details about that requirement, and the potential penalties for moving out a few months early.