I'm not experienced enough to fully answer with details but I think you need to look at short sales and subject to to help close this deal.

No matter what you do you can't prevent someone from suing you.You should sit down with a competent attorney in your area and share with then the details of your situation and what you are trying to accomplish.I agree with you on hard money lenders, it is called 'hard' money for a reason.

Not really true and they skip over important easily understood details.

Here are the details.

You did not provide enough details to get specific answers, however, foundation issues can be tricky or easy, so the extent of the foundation issues is a large part of this equation.

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.