I was browsing the web looking for different deals and yada yada yada i see this advertisement for a 2 day special auction where 150 sandy damaged homes and lots will be auctioned and 24 with water views and 70 with actuall water frontage bulkhead etc... the cheaper ones had pre storm values 220k-550k and starting bid under 100k but not on the waterthe waterfront homes with that start under 100k are all scheduled for demolition HOWEVER there are a few starting 110k-240k with pre storm values of 450k- 1.2million...So they had the brochure for free on the line but make you purchase a information package with all the due diligence from title reports to sales agreement for the properties...So personally i will not consider a property scheduled for demolition.....

From an income generating point of view, Miami properties have been over valued for years.  

•Is it safe to assume that I (and my agent) will need some sort of hazmat suit or respirator while viewing the property?

Hello,  If  a investor/home buyer becomes aware of property before it is listed and views  it before listed and has even begun verbal negotiation with seller,   can the buyer sidestep the   acquired listing agent to save/negotiate RE cost for seller?  

While from a financial point of view it is just a cost - it may be priceless if any issue arise. 

I view it as a personal choice to get that for this kind of pest, but I want to make sure I understand my landlord responsibility before we discuss it.Any experience with this conversation?

Talk about a typical interaction with him or, better yet, write something in the 1st person from the dog's point of view.  

Numbers still looking good, just waiting and waiting on it to sale:)I am starting a BLOG to describe the steps I have taken. ( Right or Wrong) Please take a look at my blog "Ramblings of a Rookie" as I will be posting to explain the circles made to get the first one completed. 

This house has triple fairway prime lot views, and an incredible pool and spa.

Perhaps the question would be, based on the described circumstances, how do you convert a non performing asset such as this into a performing asset?