They tend to jave unreasonable price expectations, will not negotiate a home inspection in good faith, the property usually wont appraise because there is no listing agent involved, they wont drop the price when it doesnt appraise, they wont make lender required repairs and so on and so on.So why spend 20 hours on a transaction that is very unlikely to close?

Recent changes took effect August 1, 2018 regarding laws for rental properties in Baltimore City.

There have been no changes in flight path that effects this house but some of the comps are in mapped noise zones right under the flight path. 

It was a great learning experience and took some of the fear out of the RE transaction.

Assuming one of the deals go under contract, I will act as the sponsor and syndicate the transaction for the down payment and repairs under market terms.This may be a dumb question, but I'm wondering whether there is a tool that syndicators use to keep track of investor contributions, ownership interests in the deal, Sponsor distributions to investors, or just to play around with different scenarios? 

Then they sell the property to an investor who pays for the closing in their transaction, as is the usual.

The offer was quickly accepted and the roof replacement cost was effectively rolled into my loan. 

I have been calling many lawyers but they seem to only understand traditional RE transactions not investing.

So effectively I had to have $30k. $15k to pay the contractor now and then wait for my other $15k to be refunded after the city inspected it.

@Justin Windham @Brian Eastman I appreciate your responses.Since my specialty is buying "Subject To", (taking over the financing) (yeah, I know, a little different than what most people do) I have to revert to thinking how the average transaction works using banks or cash along with the tax write offs.