If a detatched ADU is built in the backyard, it would need to have a new 100 Amp electrical subpanel right from the main electrical meter installed by the utility company.

Are you between bryden and broad or near south of main?

Details:Outstanding loan amount on the home is $187kPreviously listed for sale this year at $250kArea comps are around $300k and rents around $2000/moPhotos in sale listing show a mild hoarding situation and listing says house needs some workMy main question is, in a sale like this, if the outstanding loan balance is $187k, is that all the mortgage company is concerned with or are they looking to make as much as possible?

Will these costs outweigh the benefits?

Benefits would be to liquidate an underwater asset from the estate and to get this off the mental plate of the family.

I've come across several clients so far who are having difficulty qualifying for a mortgage and may benefit from a lease option deal. 

This is the main difference with the rent or lease to own options. 

Currently seeking out contacts in southern Maine to find deals.

The main thing is to focus on finding motivated sellers willing to do them and tenant buyers who have the means to pay the option fee and monthly rent.

My main concern is with the foundation.