I also suspect you might have difficulty finding a buyer willing to buy knowing there is outstanding litigation could be amended to bring them into the suit.  

reminds me of when Toyota built their factor on the highway from Memphis to Tupelo MS..

Why This Matters.This is the largest outstanding geopolitical risk for the United States. 

$475k with projected total rent of $120k with an outstanding co-host.

And Chris Watkins is an outstanding lender to have on your side.I'll add this: look up Dan Gandee (here on BP). 

Virtually all non value add RE investors who have purchased local in the last 2 years are not getting a good return on their investment.Compare this to just a few years ago where a 0.7% ratio with my underwriting had positive cash flow and appreciation and rent growth were outstanding and forecasts  projected them to continue to be good for a while.Maybe I am a spoiled investor.  

Your agent or property manager may have one or your lawyer can draft one as well.Key points that are in mine are security deposit information, lease terms, who takes care of what, who owns what, any outstanding bills (such as water, code violation or repair chargebacks) and any repair requests submitted to the seller/current landlord that haven't been addressed. 

Proximity to towns or highways. 10.  

We have already reviewed the original code violation report and we are meeting with the inspector tomorrow to review any outstanding/unmet conditions.

Purchase price: $165,000 Cash invested: $40,000 A two family unit in a secluded cul-de-sac in north-eastern CT with a half acre lot within walking distance of the downtown area and approximately a half mile away from a highway.