Even if the roof is falling in it's probably still cheaper to just repair it, all the infrastructure, utilities, surveys, permits, soil studies etc cost a fortune.  

It is typically best for big value add projects, not small 3k/unit rehabs since the survey itself cost you a few thousand bucks. https://www.irs.gov/businesses/cost-segregation-au...

Costs: survey, deed prep, recording

Settlement Fee $950, Survey Fee $250.

Analyzing deals and surveying the market.

Some of the issues we are running into that are either slowing the deal up or terminating the file completely. 1) Liens/judgements arising during the title search preventing the sale2) One off issues, such as shared driveway issues, shared parcel issues3) Death certificate ordering (slowing down process) 4) Abstract & Survey updating (taking about 3 weeks to complete in our area) 5) Attorney Communication (When our attorneys are not on one side of the deal) These are just some of the issues that we are seeing in our market.

We’ve put in offers but a lot of condos either need to pass a survey by the lender or we need to put 25% down which would wipe out our second mortgage and most of our savings which I don’t feel comfortable doing.

I'm going to have it surveyed to get this process started.

I’m wondering if there’s a way to have them fill out a quick survey or do I just maintain a standard text message with questions?  

Geological Survey