Experience with burnt units

[Jay Orlauski]

I was wondering if anyone here has done anything with burnt units. I recently came across a 4-plex with fire damage - from the pictures , it does not appear to be too horrific, however , I have yet to look at the property in person. I was wondering what kind of issues to expect from a burn situation - things like water damage, permits, blueprints, regulatory compliance, etc - that sort of thing. I used to know a construction guy that specialized in burnt homes and you wouldn't believe the homes he worked on ever had a fire - by the way, the 4-plex is selling for $40k and is in a decent area ( not the best part of town , but certainly not the ghettos either) anyhow, was just looking for some thoughts on the subject - thanks in advance