My parents don’t really care and want to get rid of the hassle associated with the property.What are your thoughts?

I would end up paying more in child care, and I would never see my kids.

You have to make the bet that you might do well, break even, or have a big loss.If a buyer has limited funds and net worth they do not need to get sucked in by the potential of high cash flow and landing nice tenants that pay on time and take care of the place with low income type properties.Think of this.Someone buys a piece of junk and hopes the building doesn't fall apart and the tenant pays on time so they can cash flow 200 to 300 a month based on current market rents for that product type.So 2,400 to 3,600 a year if everything goes perfectly with no surprises.

I was wondering if anyone would have experience with similar moldy conditions that may have some insight into the potential costs to take care of the mold concerns and whether it is worth pursuing the property given its current condition.

There may also be some Medi Care or other debt.

Talk to Brian or Steve at the 4th Street branch in downtown Cincy, they'll take care of you.

I'm sure you would have to be careful how the contract was written to protect both parties.

It's a rental, who cares.

I just hired a escrow company, buyer and me settled on price and terms, and escrow company took care of everything.

Care to share more of that criteria list?