Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing). 

I am proposed GP with development / management experience, however my liquidity is tied up in a separate development initiative. 

You can do a subject to transaction but that is not legally assuming the loan.the banks got rid of assumable mortgage long time ago. 

Can anyone recommend good companies to root cause  and implement solution to fix this issue?

Good afternoon I’m looking to see some possibilities on how to structure a deal.

Hi Joan - Not sure your question here but if you are able to provide more info, I may be able to provide some insight.

Hi There-Some feedback would be great- Do you Sell the house yourself or do you engage another Realtor to do the sale and keep it at arms length in order to reduce any liability?

I also encourage you not to give up on a real estate.

Welcome to BP.

Welcome to Bigger Pockets !