If you want to learn more look up architect Oscar Newman, Jane Jacobs' book the death and life of great American cities, broken window theory, and CPTED (crime prevention through environmental design).

This is aside from file defects which prevent enforcement of the note and security instrument or seriously diminish their capacity.

The renovation included all new plumbing, all new electrical (600 amp service), all new heat and air (three 5 ton central air systems using natural gas heat and one 2.5 ton electric heat pump system).

Usually, you get some sorts of tax credits (better than deductions) on some energy efficient items such as windows, air and heat systems.

Although I did learn some things.I still don't know how to prevent this from happening again.  

This prevents you from leaving money on the table....

Was there any way you could work out a deal ahead of time with the land lease holder to prevent FC?

For example, they can run air pressure through a plumbing system and if the system "holds pressure" then it is assumed that it will also hold water.In your situation, if the plumbing system were otherwise conforming to the definitions of habitability, then Fannie Mae would loan on the property.  

And in the homes I have been in there ... there is no heating and no air-conditioning.. so from a owner standpoint that's two major systems that will never need to be addressed.

I'm here to learn as much as possible about Flips, wholesaling and help others out of bad property situations with creative financing and lease to own options where Banks won't help.Darrell, You should pm me, as I am a USMC veteran, Marine Corps AIr WingI work in options leases, installment sales, private lending, joint venture partnering, slipping, subject to, wraparound mortgages land contractsI focus on expired listings were sellers have hard time selling for some reason, either the house needs repair or behind on payments,  or the sellers situation ie divorce, loss of job, probate, irs, etc