You should retain your own counsel to do a review of the agreement and facts of the matter.

Hi, I am looking to place an offer on an REO duplex in North Port (Sarasota County, FL), but there is an open permit for the dividing wall between the two units. 

Reading is important but it's only so much you will retain and know.

What if the Market hits the Wall with the Fed raising the Interest Rate and the Buyers won't pay 5% Mortgages?

Bank turned off electric, sump pump couldn't work, flooded basement, and caused mold in house, had to gut all walls, ceiling, insulation, baths, kitchen, floor covering, everything to the studs, and needed new roof, new electric, new heating and most of new plumbingOther than that it was a slow year! 

We clean walls with a vinegar wash, following by TSP (or TSP substitute), followed by odor/stain blocking paint, followed by top coat paint.

Besides setting traps and poison he also sealed holes found along the baseboard and walls.

I have not posted before due to trying to retain the vast amount of information here on BP.

It's not always the case but in general the buyers I have seen that call multiple brokers ( throwing stuff to the wall and see what sticks approach ) tend to not find the optimal property because brokers knowing the buyer is all over the place and not loyal the brokers do not want to work hard for them.What happens then is the days go by and then the buyer panics to lock in properties which end up being sub-optimal just so they do not pay tax penalties from a failed 1031 exchange.

Its zoned b2 commercial (which I think means residential commercial, but do not fully know)  and will require a full remodel of possible plumbing, electrical, a few walls moved.