I would also speak to the local building official who reviewed and signed off on the repair.

Pragmatically, what you will want to do is get official with this loan from your buddy.

You should really speak with the local building officials.

I'm thinking of buying a place in another state and officially making it my "home" (for tax purposes, for homeowner write-off, etc.) but the majority of my income will be from Idaho and my son will finish high school here. 

I'm currently saving to build up some capital and finally make a huge push towards owning a property to FINALLY say I've officially begun.

We have one (not BP official) in the SE area each month if interested.

@Precious Thompson I had a buyer ready and able to buy as soon as I got my license...I was actually holding him up since it took a little bit to get 'on-boarded' to my brokerage and the MLS in order to actually do anything official. 

Currently for sale in the neighborhood is a FSBO 3bd 3ba 1,475 sqft house listed at $165,000.Sold Units:3bd 2.5ba 1,452 sqft - waterfront - $196,000 - Dec 30th, 20193bd 2.5ba 1,745 sqft - $164,200 (most similar to my unit) - December 20th, 20192bd 2.5ba 1,467 sqft - $164,00 - December 3rd, 2019My unit's old listing somehow still pops up.I'm having a realtor friend pull official comps for me but I verified all sold that popped up on Trulia against the cities property information site.

@Mathew Allen, bear in mind that I'm not a code official..Each room needs it's own direct egress.

@Mindy Bowden AWR has a program officially endorsed by the city of Philadelphia at a cost of about $8 a month to ensure your water and sewer lines. this is special coverage negotiated by the city of Philadelphia which is more extensive than what AWR offers in other places.