But I can't see it actually making up for the extra interest (and fees) you pay on the HELOC, which you don't have to pay if you simply make the extra payment on principal from your paycheck.As for the statement that what you pay from your paycheck is gone, and the HELOC instead makes money available for emergencies or investing as you recycle paying it off every so many months, well, there's a simple remedy for that: Take out the HELOC and just do not use it except for those emergencies or investments.

The property is actually in one of the nicer parts of Kokomo. 15k honestly could have gotten it done but after learning of insulation/utility issues previous tenants had we wanted to remedy the problem for good.

Most of the risks from lead paint isn't the liability from it being unsafe after it's finished, but from improper methods of doing the actual remediation.

Yes, most things can be done virtually, but there’s something to be said about having boots on the ground to identify opportunities or remedy a dilemma.

Updates:New construction: Some business colleagues and I are discussing some systematic approaches to new construction that may be less cumbersome than remediation of a water damaged house.

How can I remedy this situation so I can purchase the property?

There might have been a column at downstairs unit which was removed at some point, we couldn't tell.So, my question is what would I need to do to remedy this situation ?

It seems like grants for lead paint remediation would be super useful, but I wouldn't be surprised if it was for primary-residents only.  

What was the cost of remedying the permitting issue should you have chosen to do so?

For example, if you were suing on mold that you discovered in the property, you should get a real estate attorney and have him or her prepare an affidavit that a mold remediation expert can put forward about the damages the mold caused in the property and why the previous owner knew, should have known or was deliberately unaware of the mold to your detriment.My state also allows attorneys fees on improper disclosure, meaning you can go really hard on these sorts of actions if you're going to recover, because the attorney can get paid $10,000 of attorneys' fees even if your recovery is only $4,000, for example.