So without further adieu, here are the TOP areas to focus on after digesting all of the $'s and cents when committing to a mortgage lender or broker with what is likely one of (if not the) most significant investments individuals can make. 

Case in point a Guru Carleton Sheets who has now past away (MRIP) sold a  real estate investing course on late nite TV back in the 90's and early 2000s.

My neighbor just had their 110 year old house sanded entirely down to the wood.

I would do it again for sure if I was still in my early 20’s and single, but not at my current advanced age, with a family. 

Before my time, but PA didn’t have a statute until the mid 90’s and had unfavorable tax treatment for them as well. 

The purchase would likely need to be consummated at the higher price in order to establish the "damages" to which you are referring... and then I would refer you back to the other potential issues I raised with respect to a negligence claim.Responding to a demand letter with "go pound sand" is not the same thing as defending a lawsuit.I just don't see any attorney taking this $12K case to trial and that is what you are suggesting as the end game.

I’m really curious whether the coastal NC Airbnb market is already too saturated to jump in.

So for trainers to bring in VA s and other more modern marketing techniques I get that and they will work but there is no profit until you resell. 

This house was built in in the 1920's and probably converted sometime in the '40's (though I have no record of the conversion.)

Coastal properties often appreciate well over time.