- remove existing tile - remove drywall in surround and window area to the ceiling - replace drywall with hardibacker redgard hardibacker large porcelain tiles (16x16, 12x24) with smallest grout spacing possible- highest quality caulk that is mildew-resistant - tile floors, 4" base/behind/beside toilet, in addition to tub surround all the way to ceiling - angle tiles away from block window - re-install shower curtain rod  - replace fan/light with higher-performance model with humidity sensor - inspect fan ventiliation to confirm vent going through ceiling - inspect bath, sink, toilet plumbing and waste drainpipes - add quarter turn water shut-off valve - replace bath fixtures to single stem handle - replace bath drain with grid drain

I like areas that are higher quality and can weather the storms of the cycles better. 

If you're building in FL your codes are a lot more strict due to the weather.

IRS is a non factor.. if they redeem they pay you your money back plus 9% interest.. but do not do any work to the property any improvements they don't have to pay for except to weatherize ..

It took him four months to get started, which he blamed on the weather, and we, unfortunately, accepted that excuse.

Barring another Great Depression that shuts down the big banks or worse, I think having a big enough nest egg will allow weathering almost any storm.  

I ended up passing on this deal (they also gave me resistance on the Estoppels, which I did ask for), but I like all of your suggestions.

You need to weather the storm to stay in the game!

There'a  broad based economy, lots of qualified buyers, perfect weather, and so many positive things.

He wants me to just take over his loan, but I am hitting resistance with lenders.