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Updated about 8 years ago,

User Stats

104
Posts
63
Votes
Darrell D.
  • Rental Property Investor
  • Springfield, OH
63
Votes |
104
Posts

Complete Mold Renovation

Darrell D.
  • Rental Property Investor
  • Springfield, OH
Posted

Perhaps I'm putting the cart before the horse here because we just went under contract...

We just went under contract for a 24 unit apartment complex, six units in each of the four buildings.  Six of the apartment were renovated with spray-foam.  The spray-foam was diluted with water which caused significant mold.  The apartments had to be completely stripped of insulation, drywall, cabinets... everything!  It's been certified clean and now the owner is selling it.

We could make a profit of $400K after renovation.  However this is a scary situation.  I want to spray the walls with mold killer just in case but I'm not sure there's a product which is safe and strong. I'll be doing the work myself, one apartment at a time and quiting my job.  So this is a big deal for us.

Keep in mind, this is not a basement or a location that is typically wet.  I feel once everything is installed the mold will not come back but I would like any advice from people who have dealt with mold before.  Thanks for your help!

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