Have you 'surveyed' the people who have declined renting and ask why did they? 

Your purchase price plus the costs of acquiring the property  that may include appraisal fees (initiated BY YOU not the bank), title insurance, survey costs, legal fees, inspection cost, and similar closing costs.

If the structure is good you save on demo cost, foundation, site work, surveys, framing etc.

After you get hit with a $5,000 survey bill that will allow you to sell that deal you picked up, you'll wish you had studied the basics!

Yes we endured all, it took whole year of patience, disbelief (to how DEP works) and many many phones calls, e-mails, surveys this and that with DEP and we finally had LOI insummer of 2008 (not a good time try to sell a lot right?).

I’ll provide a follow-up once we have enough responses to share my findings covering 100+ projects surveyed in the last 90-days..Thank you in advance.Long live data!

.: Subject Property Information Year Built: 1947Subject Property Information Garage: NoSubject Property Information # of cars: 2Subject Property Information Pool: NoSubject Property Information Basement: NoSubject Property Information Finished: NoSubject Property Information House Style: CAPE CODSubject Property Information Lot Size: 0.06Subject Property Information Lot Type: RESIDENTALSubject Property Information Spl Amenities: THIS HOUSE IS LOCATED IN NEWPORT BALBOA PENINSULA HERE THERE'S A LOT OF TOURISIM THE HOUSE IS IN THE BEACH HERE PEOPLE RENT THEIR PROPERTIES FOR 3000 TO 5000 A WEEK OR 5000 TO 6000 A MONTH FOR TOURIS Comp Prop Info 1 Sold Comp Address: 2032 MIRAMAR Comp Prop Info 1 Sold Comp State: CAComp Prop Info 1 Sold Comp Zip: 92661Comp Prop Info 1 Sold Comp County: ORANGEComp Prop Info 1 Sold Comp Bedrooms: 3Comp Prop Info 1 Sold Comp Bathrooms: 2Comp Prop Info 1 Sold Comp Under Air Heat: Comp Prop Info 1 Sold Comp Total sq ft: 2,450Comp Prop Info 1 Sold Comp Year Built: 1946Comp Prop Info 1 Sold Comp House Style: Comp Prop Info 1 Sold Comp Lot Size: Comp Prop Info 1 Sold Comp Lot Type: RESIDENTIAL Comp Prop Info 1 Sold Comp Subdivision: NEWPORTComp Prop Info 1 Sold Comp Distance: .09MIComp Prop Info 1 Sold Comp Spl Amenities: LOCATED NEAR TH BEACHComp Prop Info 1 Sold Comp Condition: GOODComp Prop Info 1 Sold Comp Listed Price: 2,375,000Comp Prop Info 1 Sold Comp Sold Price: 2.375Comp Prop Info 1 Sold Comp Sold Date: 08/08/2008Comp Prop Info 1 Sold Comp DOM: Comp Prop Info 2 Sold Comp Address: 2005 E OCEAN BLVDComp Prop Info 2 Sold Comp State: CAComp Prop Info 2 Sold Comp Zip: 92661Comp Prop Info 2 Sold Comp County: ORANGEComp Prop Info 2 Sold Comp Bedrooms: 4Comp Prop Info 2 Sold Comp Bathrooms: 2Comp Prop Info 2 Sold Comp Under Air Heat: Comp Prop Info 2 Sold Comp Total sq ft: 3,360Comp Prop Info 2 Sold Comp Year Built: 1947Comp Prop Info 2 Sold Comp House Style: Comp Prop Info 2 Sold Comp Lot Size: Comp Prop Info 2 Sold Comp Lot Type: RESIDENTIALComp Prop Info 2 Sold Comp Subdivision: NEWPORT BEACHComp Prop Info 2 Sold Comp Distance: .08MI Comp Prop Info 2 Sold Comp Spl Amenities: THIS HOUSE IS ON THE BEACHComp Prop Info 2 Sold Comp Condition: GOODComp Prop Info 2 Sold Comp Listed Price: 2,060,500Comp Prop Info 2 Sold Comp Sold Price: 2,060,500Comp Prop Info 2 Sold Comp Sold Date: 03/06/2008Comp Prop Info 2 Sold Comp DOM: Comp Prop Info 3 Sold Comp Address: 1756 E OCEAN BLVD Comp Prop Info 3 Sold Comp State: CAComp Prop Info 3 Sold Comp Zip: 92661Comp Prop Info 3 Sold Comp County: ORANGEComp Prop Info 3 Sold Comp Bedrooms: 2 Comp Prop Info 3 Sold Comp Bathrooms: 1Comp Prop Info 3 Sold Comp Under Air Heat: Comp Prop Info 3 Sold Comp Total sq ft: 2,625Comp Prop Info 3 Sold Comp Year Built: 1949Comp Prop Info 3 Sold Comp House Style: Comp Prop Info 3 Sold Comp Lot Size: Comp Prop Info 3 Sold Comp Lot Type: RESIDENTIALComp Prop Info 3 Sold Comp Subdivision: NEWPORTComp Prop Info 3 Sold Comp Distance: .20MIComp Prop Info 3 Sold Comp Spl Amenities: THIS HOUSE IS ON THE BEACHComp Prop Info 3 Sold Comp Condition: GOODComp Prop Info 3 Sold Comp Listed Price: 2,875,000Comp Prop Info 3 Sold Comp Sold Price: 2,875,000Comp Prop Info 3 Sold Comp Sold Date: 12/12/2007Comp Prop Info 3 Sold Comp DOM: Comp Prop Info 4 Sold Comp Address: Comp Prop Info 4 Sold Comp State: StateComp Prop Info 4 Sold Comp Zip: Comp Prop Info 4 Sold Comp County: Comp Prop Info 4 Sold Comp Bedrooms: Comp Prop Info 4 Sold Comp Bathrooms: Comp Prop Info 4 Sold Comp Under Air Heat: Comp Prop Info 4 Sold Comp Total sq ft: Comp Prop Info 4 Sold Comp Year Built: Comp Prop Info 4 Sold Comp House Style: Comp Prop Info 4 Sold Comp Lot Size: Comp Prop Info 4 Sold Comp Lot Type: Comp Prop Info 4 Sold Comp Subdivision: Comp Prop Info 4 Sold Comp Distance: Comp Prop Info 4 Sold Comp Spl Amenities: Comp Prop Info 4 Sold Comp Condition: Comp Prop Info 4 Sold Comp Listed Price: Comp Prop Info 4 Sold Comp Sold Price: Comp Prop Info 4 Sold Comp Sold Date: Comp Prop Info 4 Sold Comp DOM: Due Dilig Item Receipts For Repairs: Due Dilig Item Insurance: Due Dilig Item Existing Loan Doc: Existing Loan DocumentsDue Dilig Item Liens: Due Dilig Item SecondMortgages: Due Dilig Item Copy Of Deeds: Due Dilig Item Survey: Due Dilig Item Any Leases: Due Dilig Item Any Services Contracts: Due Dilig Item Copies Of Recent Appra: Due Dilig Item Utiliy Bills: Utility BillsDue Dilig Item Property Tax: Property Taxes Due Dilig Item Bank Statement: Bank Statements Rp OR Rh Cost Esti bid total: 200Is Rp OR Rh Cost Esti bid Available: YesRp OR Rh Cost Labor: Rp OR Rh Cost Materials: 150--------------------------------------------------------------------------------No virus found in this incoming message.Checked by AVG.

I don't have a great deal of experience with surveys, but it would seem logical to me that, assuming you still have the original survey, that you could get the company that did the original survey to go out there for a small fee and update the survey to satisfy the lender.

Is there a recent survey on file that specifies private road ownership?

But, first, get with an appriaser for a market survey and appriasal.