Everything else being good--appraisal, environmental, personal credit--this should be financiable.

this Island had already been the subject of bad real estate deals over the years.. there was simply no way it will ever be developed because of environmental restraints.. 

Too many thoughts running through my head and just want to make a conscious decision.

The dated finishes are a fact, the house is clean and everything functions perfectly, but I understand that my customer isn't going to be a fancy seeker looking for high end finishes, I am thinking my customer is a budget conscious group or family who is ok with lots of room and clean basic accomodation.As far as the condo that sleeps 8 for 140 a night, could I get a link?

I was wondering if anyone who has done this can tell me if after comparing price per sqft of the building aspect of the project only (cost of land, environmental remediation, and demo excluded) they have found modulars to be a more cost effective way to go rather than stick built.

I've seen a couple of properties in Springfield especially with a sign from the county, something along the lines of "this property is an environmental hazard due to lead, unsafe for human occupancy, especially for children under the age of 6 and pregnant women..."

The reason I am asking this question is, I am in a similar situation and in the verge of making a conscious decision.

Walk away.In order for the lender to obtain the necessary capital to fund that loan, it has to pass an initial environmental survey. 

If the it's on the walls, they'll make them remove the mold and patch the walls.If the owners refuse to do the environmental clean up, the underwriters won't approve it.

I am trying to make needed renovations but also want to be conscious of renovation costs.