It helps if they're not encumbered by lender liens, but that can be remedied, if necessary.If you need help with that, I can refer you to an accounting / law firm who can walk you through it and explain how to do it within the laws of your location.

If you spend the type of money it'll likely take to remediate the property, will you then have negative cash-flow?

They are disgusting and expensive to re-mediate!

Generally, using a foundation sealer could remedy the problem unless more the foundation problem was more extensive.What's your guy planning to do for the extra charge?

That may cost less.Leaks in a roof are easily repaired, but can cause far worse problems like mold that must be remediated. 

There are some remedies though.

We also remove posts when folks find remedy with their Guru.

Barrett, there is also a list of hard money lenders under the Resources tab here on BP.I would recommend getting a mold remediation company into the property to give you a quote.

It listed briefly last fall & then was taken off market to be remediated for methamphetamine.

I estimate repairs at $20/SQ FT totaling $34,000 plus $15,000 mold remediation, $7,000 for a new roof and a little buffer of $10,000 for overages and unknowns.