I don't walk on water, so let me preface and I am not doing this to brag but just state a point.

Getting a new roof is important for ensuring that the property meets the standards required by most loan programs.

A deposit is standard for DD and maybe to pay for the appraisal.  

Destin Harbor Resort West – 09/20/2024Indian Lake – 01/09/2025Sandestin/Miramar Beach:Ariel Dunes – 11/22/2024Ariel Dunes 2 – 09/05/2024Crystal Village 1 – 12/31/2024Heron Walk – 02/27/2025Points of View Condos – 01/02/2025Seascape (Phase 2) – 04/16/2025Fort Walton Beach:Commodores Landing – 11/19/2024Emerald Isle Club – 09/11/2024Indianola On The Water – 05/19/2025Island Gardens – 03/17/2025Sea Oats On the Beach – 05/06/2025Venus Condominium Association – 11/18/2024Veranda Condominium- 03/25/2025

The water was limited to a small area next to the shower.

Toilet tile sink and tub, with water lines.

Hey all you land trust junkies I just got an e mail from a title company in MO that closed a deal a few years ago and the buyer put it in a land trust they are trying to sell .. but the title company wont insure it as they claim land trust are not legal entities in MO.so title needs me to do a new deed to clean up title which of course we will do.. but just think if the sellers in other situations were not in the bizz like us and would not understand or respond or you cant find them all those land trust are dead in the water currently.  

In many places, a "standard" residential district zoning (e.g.

But it's walking distance to the beach, in a great location, and had tremendous potential as a STR (which was the primary goal) and huge upside for appreciation.The only things I would rule out, and would advise my clients to consider walking away:  Major basement water problems, significant structural issues, and evidence that prior work was shoddy, or that work was done to cover up a bigger problem. 

The DC area is one of the lowest cap rate markets in the country.In MoCo you'll generally need a 40-45% down payment currently to have your rent cover your PITI on a standard long term rental.