This 4-bedroom, 1.5-bath brick bungalow is currently tenanted with a long-term tenant of 5+ years, generating $900 per month on a month-to-month lease.

I’m wondering should I back out of this deal over this issue if it is not fixed?

Another loss.I would actually explore the reverse mortgage or talk to an attorney/tax professional about you being a private lender and maybe structuring that way.

Every project is way different, too many moving parts in this business....

Loan Buy Down: It isn't a bad idea to calculate this into your unrealized cash flow.

Just trying to learn more and anything on this would be great! 

@Leslie Monroy I agree with @Shawn Mcenteer Bloomfield is a good area for this given your criteria.

You got this! 

For years i have had a portfolio policy with Nationwide for my commercial plazas but they are not renewing me this year as they now require all buildings with a food use to be fully sprinklered (which i do not have).

This morning, before Milton makes landfall, I drove down the beaches, where boats still sit stranded in roads and parking lots from Helene.