When viewing potential purchases pay attention to any damage such as cracks, leaks or structural issues; you may want to hire a professional inspector for extra assurance.

Thanks,Adrian JonesHi Adrian, with DSCR loan products you don’t need to show any income and can get all the equity with 1/2 the amount of docs and stress!

I'm sure you were aware of temporary labor services, but you should seriously consider them to keep everything legal and lawsuit free:http://www.laborready.com/docs/default-source/default-document-library/labor-ready-fact-sheet-2014.pdf?

There is no income no doc ground up construction financing available . 50% of land covering 100% of construction 

Depends on whether you can qualify by supplying docs like W2s, paystubs, etc. and if you want to close in your name or an LLC.

It is a full doc loan, so lenders will need to verify you have the DTI to support the line of credit.

I expect all basements to leak At some time or another even Those that are not leaked in 100 years.

➡️ Are there any active roof leaks?

If it is ruptured, it will continue to leak water into the ground.

-Has no crawlspace (common for older properties) so we couldn't see the foundation-Drywood termite/wood decaying fungi damage seen on all the windows/doors/parts of the beam on the exterior, parts of roof decking and rafters in the attic-Old leaks/moisture damage seen in the ceilings and attic-Parts of the roof has patch work-Roof doesn't have any permits on record (don't know how old it is)Seller's offer to me:-Fumigation treatment for drywood termites (tenting the house)-Replace and repair all damage wood throughout the house-Replace the entire roof with a new permit-Replace one window in every room (not all)-Pay for a structural engineer to inspect the foundation-Offer to get quotes for repairs and have a 15-20K budget to make all repairs, house is 500K.