If not just compose one based on your observations and hope that the former tenant accedes to it, some will, some won't.I used to have a room-by-room checklist which noted some of the following:Condition of walls and paintCondition of carpetCondition of doors and doorknobsCondition of ceilingCondition of light fixture and the bulb worksCondition of toilet, sink and tub in bathsCondition of stove, oven sink, garbage disposal and dishwasher in kitchenCondition of grass and shrubs.On the move out version I had a list of amounts that I was deducting, including but not limited to:Missing door stop (the move in one showed that there was one for EVERY door) $5.00Hole in wall from doorknob going through it (somehow in my 60 years on earth I've never destroyed a door stop or knocked a doorknob through a wall, but it's not hard to tenants) $75.Pooper scooping the yard $5.00 per pile.

I'd pay heed to Ryan's comments as personal liquidity will be the greatest tool at your disposal to take advantage of ALL financing options in the future.

"The change essentially makes it easier to dispose of your residence."

It would take a whole new set of tools/know how to try to hold them.I know they get a worse rap than they probably deserve and lots of people make good money with them, but I just see them as disposable housing.

Call the police for bomb disposal now, I'd explain that it's been disclosed, it is a public safety issue.

Find and talk to an attorney about how you intend to purchase, hold and ultimately dispose of this property.Find a good CPA and discuss the same things.Make sure the attorney and CPA know about each other and never, ever try to use one against the other to get an answer you think you want.Follow their advice.Once you have your sit down with the attorney and CPA everything else will fall neatly into place.

A tear down and rebuild is great if you have millions of dollars at your disposal lined up for you to rebuild some brand new townhouses or condominiums.

Normally I toss out those flyers from the mail or use them as disposable dust pans.

But you can't finance the option unless it's a commercial deal.If you start getting involved in long term (greater than a year) deals that can't cover costs of acquisition and disposing of the asset and netting you at least 5K with nothing in it, you're wasting your time IMO.

Underground tanks and tire disposal are both considered risks.