With the unpredictable nature of timeshare assessment fees and maintenance fees, I would probably avoid that deal.

.* Structural Engineer to assess the damage* Make sure you communicate with the city, to learn of their requirements. * Contractors* Broker/Agent to help you with compsJohn

You have less competition from other buyers if you're assuming POS repairs, AND you're buying for a lower price point which often leads to lower assessed value and lower property taxes.

Specifically, I'm interested in knowing if anyone has made use of an audit, what prompted you to assess the building and did it lead to you retrofitting the building?

I'd first double check who legally owns it via the assessors database. https://www.cityofboston.gov/assessing/search/Usually if its run down or an abandoned plot its owned by the DND (Department of Neighborhood Development).

I’ve been trying to assess if I need to make LLC starting out. 

I am pretty sure with cozy for the date you set for a late fee to be assessed is based on if they have submitted payment by that date not if its processed by that date.

@David KopachI agree with your assessment, thank you very much. 

Also the taxes will be much higher on the property - probably like $3200-$3800 depending on the assessed value of the home.

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