Same thing with a survey in some cases.

I'm not the listing agent or associated with the broker so in that case I am okay right?

More and more investors are choosing this delivery method in our markets as they typically get the biggest bang for their buck this way and virtually eliminate they need for any change orders which can get out of hand without and good well defined scope of work and complete set of construction documents.One recommendation that I can make without hesitation is to be certain that you use only DC experienced and licensed general contractors when you bid it out, as I have seen lots of developers/investors get delayed due to regulatory issues associated with stop work orders and the like because a lot of contractors don't know the process and the system in DC.

Some costs should be added to the basis of the property such as survey fees, attorney fees, stamps, etc.

I will definitely check out the association website.

Also find and attend the local landord association meeting.

I was contacted by an associate regarding this ad (or one like it) that he saw on Craigslist.

You are certainly right, there is a real cost associated.

When asked why sellers always say they don't want to deal with the property and the issues associated with such measures.

It is not my type of building but you know if you have rent paying tenants and you don't continue the bucket and board tradition I would rather have these tenants then drug dealers that I would associate with a slum anyday.