Definitely fix the water and mold now or it could be a way more expensive issue later, and you don't want city people and permits and legal/local governement stuff involved.

Strangely enough the amount involved is not enough to make them pay attention except when and where they care to look at it.

Personally, I would get your title company of choice involved.

I have only been involved the past few weeks but there is a wealth of knowledge and connections to be had through Bigger Pockets.

Hello Guys I am a newbie and I am getting involve into real estate  I am searching for deal like all of us do , and I came a cross a deal on County of Cumberland NY  I need to know your thought on if it is good deal or bed deal  Home is $50K market value Owner owes the bank 100k owner is behind mortgage  12k home owner wants me to give  them 3k to move out to NC the owner wants to do a short-sale however they put the property up for sale and only got 2 offers and none of the 2 went thru .. fall out  my strategy is to offer a subject 2 . 

When insurance lawyers get involved, it's not good for anyone... except them.You need to make sure your personal assets are isolated from your business.

I am Rowan Benedict and my brother,well basically my brother, Ian MacNabb want to get involved in the real estate field.  

Multi-family is trickier and more involved than SFH units anyway, and then you have the added stress of it being very far away and not connected to public utilities.

Figured this is my shot to get involved, so i contact the bank directly mind you this is a local bank 6 branches tops in a small area of southern NJ, after talking to a few people I'm now talking directly to the assistant vice president, so I've been talking to him since April, explained my interest in purchasing the property and willing to submit an offer, he tells me they are still working on this and it's not ready for sale yet, every few weeks i call and ask when is this property going to be available the answer seemed to be the same "we are looking for a listing agent" or "Probably going to be listed by the end of the month" after months of endless phone call i contact him again in July, suddenly his realtor listing soon to come talk had changed and his exact words were that the bank had considered taking offers!

My family has been here for multiple generations and has always been very involved in the area, including on the real estate front, so I have deep roots in and love for the place, and come by my interest in real estate honestly :-) Professionally, I'm an interior designer specializing in high end residential design for successful, busy professionals, and aging-in-place/universal/accessible design, for those who either need it now or (preferably) want to plan ahead, just in case, knowing that at least 68% of us will be disabled in some way eventually, or who know they have some health issues for which they know they will eventually need to make some modifications to their homes if they want to continue to live there.