Normally the settlement agreement would stipulate something like: you and/or the seller pay a much reduced amount of fines (I think on one occasion it was agreed a > $500,000 fine would be reduced to $20,000) to the city and the city will drop the outstanding violation, in exchange you agree that you will actually remedy the violation(s) within a certain amount of time (apply for the appropriate permits and so on).If you are confident that you can negotiate with the city and resolve it that way, it may be logistically easier to buy the house with the violations, and then resolve them aftewards (my first point)... but it's obviously MUCH safer for you to come to a binding agreement with the city prior to closing (that stipulates that the city gets paid for whatever they agreed to accept for the violations right after closing).

The retirement plan then purchase shares of the parent company through an employee stock option purchase (ESOP) and that is an allowable transaction per IRS guidelines.The business can then do what it does, such as real estate development/re-development and that business it taxed at normal corporate rates - but there are no taxes or penalties for using the retirement funds to capitalize the business initially.  

@Elliot LamsonI think your question has been more or less answered in the thread but just to clarify:Yes, it is normal for the buyer to pay the buyer's agent a commission if none is offered up front by the seller (wholesaler or otherwise).

These things are usually fixable with money; you pay an electrician to put in meters, or a driveway company to do some paving, etc.After that, it's just the "normal" stuff that happens with an old house. 

This would be a cash purchase with normal DD period to assess property condition.

In cases when an oral or written lease has terminated by lapse of time (“without cause eviction”), the tenant must be given at least 3 (three) full days and at least until the end of the time period to which he or she would normally have been entitled to vacate the premises.

In October 2003 the Gail Borden Public Library moved into a new $30 million, 139,980 square foot, 460,000 volume-capacity building.

Wholesalers now have unrealistic expectations because of the gurus pitch their best deals as normal IMO, but who am I to judge?

Besides while they now know that the flushable wipes aren't flushable, I bet they "understand" how unflushable they are when they have to foot the bill.

If this is a small 10,000 square foot lot I would walk immediately.