I've got a unique project and hope for some feedback:A client of mine is trying to figure out what to do with some land in Loudonville Ohio (Ashland County OH) that is currently undergoing environmental remediation (undertaken by the previous owners).  

One or two words can change a bunch of rights and legal remedies in a lease.Again if you want these basic questions answered locally PAY AN ATTORNEY for guidance.

If you are really ambitious you could form and LLC and become a licensed meth remediation contractor and do the work as a licensed contractor for yourself.Let us know how it turns out.

OK this is quite simple.your purchase price is 391k  seller pays the lien from their proceeds.. 203k gives you the 50k for rehab you move in..Are you not being represented by a competent RE broker.. this is really remedial real estate and not complicated at all.. and these things are handled daily as you would be surprised how many sellers have title that looks like a rap sheet   LOL.

In my county there is one judge who asks to see the Pay or Quit notice served to the tenant (although, interestingly, in Georgia the statute simply says that a landlord must make a demand for owed rent from the tenant and if not immediately received, can then file for the dispossessory...our version of an eviction).We use a 3 day Pay or Quit notice so the time the tenant has to remedy the situation is short.Gail

For example if the report found a condition that would cost $400 to remedy and you asked for $10,000 then maybe they could argue you were using the inspection to back out for other reasons.I would tell the sellers agent, you will provide the report AFTER they return your money and agree in writing the contract is cancelled. 

It does not require lawyers and is a common remedy for chasing tenant debt.If they are responsible individuals a small claims charge on there records will prevent them from getting loans, buying anything on credit or time payments etc.

Colorado mandates asbestos and lead testing before any type of suspect material is removed. i can answer any questions you have in regards to asbestos abatement and lead remediation. message me if you want to chat about possible solutions to the asbestos and lead issues id be glad to share my knowledge with you.  

Possibly mold remediation.

Anything cosmetic that easily remedied improves your chances of getting the highest price.