A feasibility study will cost you a few thousand but could save you millions.Even the best of us can get too emotionally involved (especially in a development project; building your vision) to heed all the pre construction red flags.

Interesting article  I know a lot of smaller developers were really hitting on Aussie and GB investors to invest in temporary to semi perminant housing for the oil fields.http://www.bloomberg.com/news/2014-12-31/civeo-sin...

But, that's an emotional reason.

If there are 16 months remaining on the lease, there really is no reason they should not be able to find a suitable 5th tenant for the Fall, so any reduction should only be temporary.

A temporary adjustment, though the rental agreement does not say that.

There are issues like; temporary steps to the porch; a bank will likely say the roof needs replaced; the heat is electric baseboard with a pellet stove in the living room (could remove it). 

PS don't fall in love with the house emotionally.

So far i don't have any technical issue, mostly just emotional.

Rules to follow in real estate investingif the numbers don't work don't do it don't get emotionally involved with sellers, you have to be an a****** about it, but you do need to be realistic about what's possible for you to help them, look at joint venturing with the seller to fix up properties and get some kind of profit by helping them

Nice article, @Justin Pierce A family member of mine got pretty involved financially and emotionally in Dalbey's products.