If this is just a little surface mold, you are fine.

Otherwise, you are scratching the surface and have the general idea but guessing as to answers here isn't a real good idea in technical areas!

I'm merely speculating about what dangers may lurk beneath the surface of this seemingly-benign and abstract article from CNN Money.

I realize this isn't ideal and will experience higher vacancy than normal.Price $80,000Loan amount $77,200 (3.5% Down payment)Payment: $414.43 (30 year, 5%)Monthly Rent $2000Expenses: $1000 NOI $1,000Payment: $414.43Cash flow: $585.57I have not calculated PMI or Insurance into the numbers yet.On the surface, the numbers seem to work.

Ron, that's quite a sales pitch on SF, on the surface, might touch it up a bit that the stuff won't fly in OO, and appraisals may be required.Big difference in pulling in 150K annually or the million in an example and a seller getting 40K or $350 a month, you won't be flying to Paris on $350 for the weekend.Ahhh, but I do love seller financing!

Howdy @Gwen FyfeOn the surface it looks good.  

If you've left flood damage unaddressed odds are there's a lot of other deferred maintenance issues and you're just scratching the surface.

I know the numbers on the deal seem pretty good on the surface, so I want realistic thoughts on why they seem so good before I bite.

During the selling process, all this issue with the building in the town and tax record came to surface because the appraiser was VERY diligent at his job..So anyway I had to correct the records.

The rent to price ratio in the Verde Valley makes it tough on the surface for a BRRRR strategy, but would be interested in talking more and seeing if we cant help and/or partner in some way.