The rent covers PITI and utilities with a little extra built in to cover anything over the average utility usage.

In fact, the only post they have is on this subject and have no profile pic or anything. 

If you're interested in reading more about finding your niche, I wrote a book on this exact subject.

Hi BPers,I'm gearing up for a direct mail campaign and I realized that I was a bit unsure about how a subject to transaction would work in DC, due to the fact that DC charges a pretty hefty transfer and recordation tax of 1.45% on each side of the transaction (2.9% total).

Submit an insurance claim and hope they cover it.When you have water damage, particularly over a longer period of time, there's a high risk of mold.

-I highly doubt they have rent, plus late fees, plus costs to cover filing-We planned to issue a 30 day if they had paid with the 3 day-I also doubt that even if they paid for May, that they would have June's payment by the 1st.

With an updated appraisal it might be tough to win an IRS argument though if you were to use the assesment, if the IRS sees an advantage to using the most recent appraisal.I'm a huge fan of the 2500 de minimus it gets you the deduction today AND when you do to sell the asset is not covered under Section 1245 recovery.

I ran the check to validate the story and things matched up however, when I asked for the scholarship/grant/aid cover sheet, they said they don't have one yet.

I've never purchased a home so I qualify for FHA 3% down which I can more than cover.

Do you happen to know if there would be enough funds from the sale to cover the first and second lien?