Keep in mind my comments were given with only knowing the details you provided in a post so I don't want to come across as a know it all. 

Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing). 

Send me a message with your email or Instagram details!

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Sit down and hash out every detail and put it in writing.

I’ve got a lender who is a problem solver and loves geeking out on the minute details of these problems (it’s what makes her a great lender) and she could be a great resource for you...she’s put together condo conversion workshops with experts all talking about their components.

Would this be a good comp: https://www.realtor.com/realestateandhomes-detail/1313-Osweg...?

Jason, I appreciate the detailed note!

We help run the numbers, set up showings and video record them, and load up everything in a Google Drive folder.