They have brought lots of knowledge and we have also learned a lot from them in regards to project management, rehab costs, and permits.

federal law makes these clauses enforceable nationwide.so, how do lenders tend to 'find out' a mortgaged property was transferred before payoff without assignment (if was permitted by lender contract) of the mortgage to the new title holder? 

I understand that I won't be building any equity by purchasing a leasehold, and I do need to get additional permits and pay additional taxes if I want to do this legally.The reason why I would want to do this is because it's cheap to acquire a leasehold condo and the monthly revenues from rent could easily take care of the mortgage, lease rent, fees, and taxes.What things am I not looking at?

Permits will be pulled Monday and the electric, plumbing, and HVAC should start Tuesday.

Ngo The cost i am using are base off of permit valuations.

This allows you to take the reading without going into the unit.Check with your local jurisdiction if permits are required.

The area is a recreation mecca in the spring and summer.The problem. 

If it was properly abandoned, they’d have documentation including some DEP permits.

Here is the background:Sales price $575,000, building square feet 1,719/land square feet 5,762Taxes are $3,204.07Property consist of commerical store front with attached rear residence and  detached 2 studio units. (2 buildings total)Permit history of the rear residence and detached studios are unknown and requires further research.County assessors office shows the property use type as commercial and buiding square feet at 1,113.Store front building was used as a bridal studio and owner lived in the attached residence.

Does developers require hydro tests as part of the permit sign-offs?