I stick to light to medium rehabs, so I stay away from anything that requires replacing plumbing or electrical components due to the associated costs and the need to closely monitor those items, as I have been burned in the past. 

On the surface, the HOA fee is merely the “recognition” on a monthly basis of the present and FUTURE costs of building being “worn out”, the “repair reserve” that should be included in monthly HOA is not recognized by small SFR property owners as a cost and hence they have an inflated idea of their net - until a major item needs to be replaced.  

The first lie, that rent control is a NEED item. 

It is an item that takes months, but still far better then a decade of foreclosure on record. 

What are the consequences of failing to disclose items such as unpermitted additions in a property disclosure agreement?

This deposit is typically used on the appraisal, 3rd party inspections, credit, and legal review items.

Send the son a copy of the court judgement, if available, and an itemized list of money owed.  

This includes a full layout and design plan using easily sourced items online.Alternatively, for clients who prefer a more personalized touch, I can connect you with a local designer who can shop in nearby stores and isn’t limited to online sourcing—perfect for creating a space that feels both stylish and regionally authentic.I truly believe she has a great eye for design and would excel in this space.

My comments: - other expenses seems a little low but may be ok because exiting at year 7 will be before large cap ex items start to heed to be replaced.- $100k rehab in 2 months is very challenging but I did do a $100k rehab in just over 2 months just over a year ago.  

It's a delicate situation, and it's important to approach it with compassion and care.