Yes uncomfortable heat here for sure but sure beats the clouds and rain.  

;-)You are purchasing a cash flow based upon the current performance of the business, not what the business could be if it rained gumdrops and lollipops.When underwriting a multiunit we request a minimum of 2-3 years financials (preferably from the Vendors accountant).If you plan to occupy one of the units, you would still evaluate the building as if that unit were producing rent - depending on how you own the building, you will either pay rent or receive the equivalent value as a personal allowance.  

If I had a realtor I trusted their judgement I could see buying a property from pictures and their description.

This is a portion of the basement, see how the water (ankle deep, tenant says every time it rains) has eroded the bricks and water stains on the blocks, like a mini water fall?

These sort of judgement are actually pretty common against agents, they are just not usually appealed, since the fines are usually about $5,000.

.* How good you are at wrangling material logistics* How tight your order of operations is* What kind of weather mother nature gives you (I've got a project in the last 5% of completion that only needs about 4 days of exterior work that's been dragging on for 3 weeks due to rain)We once did a pop-top addition and blow-out renovation in 7 calendar weeks (After permit issuance).

If it rains or snows, then no one will show up.

BUT, getting a judgement is the easy part....

After that I can then file a judgement for the rest?

Never had a problem with drainage and I'm in florida where it never stops raining.