Soft Costs and Professional Fees - Could you share insights on budgeting for architects, engineers, project managers, and legal fees?

Given the legal challenges that can come with Foreclosure, I recognize the importance of having an Attorney involved for the Foreclosure process.

I've seen this done and sold as well while there was loan. it's a partial release and two new legal descriptions. let me know if I can help in any way 

Legal, medical, retail, office, etc.  

During Buyer's title search, it was identified that there is no Certificate of Occupancy (CofO) for the home confirming it is a legal 2 family. 

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

Technically, you're using equity which is better to pay off in debt so restructuring could be good, but you need to really look at the returns.

Can the property be legally rented long term (over 30 days)?

Prioritize due diligence, including a thorough property inspection, financial analysis, and legal review.

Majority of mold complaints are tenants panicking and/or trying to get free rent out of their landlord.If they do get an attorney involved, their attorney will send you a written notice, which will lay out the issues and often tell you to give the letter to your insurance company.Don't bother with this, but you can discuss with your agent.When you or your PMC (or both) receive a legal notice of a case started, that's when you want to get your insurance company involved.Recommend you keep a record of all your communications with your PMC about this issue.