One thing to consider is if appraiser notes the roof needs a [roof certification] the buyer might have an issue with the lender and you will be forced to fix or buyer can back out.

www.203kcontractors.com** I asterisk certified since there is no true certification for Homestyle and 203k loans but this site does a great job of training contractors and the owner is a Realtor! 

Older vintage product which would be C and D buildings being by the beach most likely in an A to B location were built on more expansive lots as land was more readily available.In most area land is now at a premium so things are much more compact and tighter.If you have a bunch of land next to the beach you might have a re-development play in the future.7.5% CAP rate on that vintage of a building is pretty weak.Most with that vintage want a 9 to 10% return.To drop almost 133,000 into a property for an annual 5,000 return if everything goes perfect is crazy in my mind.With that much money you should be able to leverage yourself into a much larger project.Given the age of those buildings when you re-model you will have to conform to the new EPA lead certification rules and procedures which run the costs up.What about deferred CAPEX??

Here are a few items some lenders do not include in the APR while others will include in the APR.Appraisal FeeAppraisal Update/Completion ReportCredit Report FeeLender's Title Insurance FeeNotaryAbstract & Attorney Opinion FeeEarly Issue Title Insurance FeeLien SearchMortgage CertificationMunicipal Lien Certificate FeeName SearchPlot Plan/Plat/Survey Search FeeTitle Endorsement(s) FeesTitle Enforcement FeeTitle Search/Exam/AbstractTermite/Pest InspectionRecording Fee

Alexis, before I started my real estate company I joined the WI apartment association and got my certification in tenant-landlord laws.

Have you issued Membership Interest Certificates?

Not a lien certificate state?

Hi.I'm taking the Indiana 54-hour salesperson pre-license course right now (online) through Real Estate Certification Program (RECP).

Examine the Certificate of Occupancy, review the building's SRO status on DOB, and analyze the rent roll for clues such as preferred rents. 

We WILL be getting a mold remediation certificate before installing new insulation and sheet rock.