., Interest Rate etcCoordinate Permits if Applicable with Government EntitySchedule Inspections and Remedy ComplianceSecure Certificate of Occupancy or Final Inspection Approval Both Members will Agree to Pay BillsPayments over $500 Require Approval of Both Owners Coordinate Showing Property to Prospective Tenants Select Prospective Tenants and Recommend to Member Agree to Rent Amount and Security DepositClean Up Property for TenantProvide Property Management and Maintenance Provide Personal/Business Credit to Secure Financing Exit Strategy

I'm in NC and what is the normal cost of mold remediation?

If remediation is needed then we will have to renegotiate price. 

It looks like the units on the 1st floor have some mold that probably was not remediated since the harvey flood :(  - can this be remediated successfully - given the time that has elapsed?

Also, if something significant is revealed during the inspection, and you want to trade remedying that issue for a vacant first floor, that could be an option, but the issue should be material and not exaggerated, and the seller should have the option to remedy the inspection issue instead of making the trade.Lastly, and somewhat unrelated, you should always require that any security deposits, and interest accrued on such deposits, be passed on to you at closing.

I see nothing wrong with this part as there is nothing wrong with adding to the contract that he remediate any issues arising from the rehab for one year.The renting to him can be a separate issue and I see you have plenty of opinions about being careful about this already.

A quick Google search will give you a list of companies in your area that are certified to test and remediate asbestos.

The Connecticut statute also specifically provides protection to the tax deed purchaser against any liability for any condition existing or occurrence upon the property or adjoining public sidewalks and streets, or for any failure to act to remedy or investigate any such condition or occurrence during such redemption period. 

If this is a re-sale, you should have conducted an inspection, and that inspector, should have caught the defective plumbing material and brought it to your attention to make the necessary steps to have this issue remedied, compensated or allow you to exercise the ability to walk away. 

I submitted a list along with pictures from our last walkthrough along with professional bids for work to remediate the new damage and discoveries.Their lawyer is now demanding specific performance.