The current owner is old and reportedly wants to retire.My friend is very smart (was a big name at google, amazon, etc) and is experienced with multiple larger units.

Did they have any late bill payments on their credit report?

View report*This link comes directly from our calculators, based on information input by the member who posted.I'm a bit confused by the numbers.

Their inspection report is not insane or nit-picky.

hello alli researched the cos seg issue. i think its too much of a hype. basically it all comes down to accelerated depreciation. eventually you will pay it back as time progresses or when you sell the building. however, the cost seg report is not a cheap one do to. so net - you lose over the long run.

Amortized over 10 or 12 lots for that stretch, it no longer makes fiscal sense to build there.   

Second, when everyone looks at this report, what do they focus on? 

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@Plam AngYes you can record the deed on your own but before I would record the deed I would do note due diligence.You should have run a title report on the property as it sounds right now you don’t know what you bought.

@Gabriel Heath Stine, If you haven't reported that property as being in service yet on a tax return then you can move in immediately and it can be your primary residence from the time of purchase.