It was supposed to have been "cleaned up" and was purchased once in 2011 after the meth problem.My realtor is saying the home still has the stigma even tho it was supposed to have been treated and cleaned and even gone thru a new owner 3 years ago.I have obtained a copy of the Certificate of Illegal Drug Lab Cleanup from the Indiana Dept of Environmental Management.

Buyer's ability to manage the store, store location (demographics, access, traffic counts etc), store upkeep, clean environmental reports also play big roles.Unless you have a strong note in all three areas, you will likely not be able to sell more than 3 or 4 years worth of payments at a time.Scott

I think that in the past everyone who has purchased an older home had enough smarts to know they were not buying a new home and really...probably didn't expect the old two story with gingerbread and leaded windows to be as efficient as the new home across town....kinda common sence.So, I don't really care what my energy rating is, it will be burried in all the other disclosures for lead paint, who died in the bedroom 15 years ago, mold reports, environmental studies, home inspection reports, appraisal and mortgage documents....etc.

When I evaluate a market, I look at it's economic base for future growth (i.e. industries, military, tourism) - obviously, the potential for strong future growth will usually translate into stronger demand for real estate...I also look RE growth potential contrasted to what has inhibited past growth - for example, it the community land locked, controlled by environmental regs, lack of water, etc...

My perspective, from the development side of the business, is that design is at its best when it is used to solve problems that come with developing any type of property—in planning, construction, environmental, marketing, leasing, etc.

For an older property that might have environmental issues, you are looking at north of $20 a foot.

Cost reduction should be done in such a way as not to produce a serious threat to human exisitence by not paying a hoot to effective environmental hazard reduction techniques.

James Kojo[] Previous 24 monthly operating statements [] Current rent-roll [] Tenant Ledgers for past 12 months. [] Copies of all resident lease agreements and applications [] 2 most recent months of all utility bills for common area and currently vacant units. [] Copies of all existing service contracts and agreements. [] construction and other warranties still in effect; [] Insurance loss runs for the previous 5 years [] Most recent survey of the property [] Any environmental reports and description of any environmental remediation. [] all licenses and permits or certificates of occupancy or other documents indicating compliance with any applicable governmental requirements. [] As-built building plans [] Copy of each floor plan. [] Copy of property brochure. [] List of all property phone numbers (including general office line, fax, modem, internet connection, maintenance, security, etc.) [] List of all websites, domain names, social media accounts, or any other means of advertising or marketing associated with the property in whole or in part, whether transferrable or not. [] List of all trade names or intellectual property associated with the Property. [] Staff listing

An Annual Permit: In Monroe County an owner or agent is required to obtain an annual special vacation rental permit from the Planning & Environmental Resources Department for each dwelling unit prior to renting any dwelling unit as a vacation rental unless an exemption to the vacation rental permit has been issued for the property as provided in Section 134-1(b) of the Monroe County Code.Initial Special Vacation Rental Permit Application Fee: $490.This application and fee is for initial applications only, not renewals.Renewal of Special Vacation Rental Application Fee: $100.This application and fee is for renewals only.NOTE: A special vacation rental permit is nontransferable between owners.

Thanks @Owen SchwaegerleGreatly appreciate the reply, as this is a multifamily couldn't I get a break on survey, environmental report, possibly transfer same insurance into place etc...Is it even possible to negotiate a loan assumption or am I stretching?