When evaluating a property for rehab, assume it's going to need a new septic system until you learn otherwise, and adjust your offer accordingly.

After all I do want this to work out for everyone and if it's just a simple date adjustment I'm all for.Thanks forv sharing.

There are a couple factors at play and you need to understand them in order to make the adjustment.

If comps are located in other markets I will use value adjustments/explanation to verify distance expanded or justify outliers in specs. 

There are higher interest rates and adjustable rates.Look up some local banks and ask what they offer.

When your Modified Adjusted Gross Income (MAGI) is below $100,000, you can take up to $25,000 of passive losses annually. 

I would want to make sure there isn't anything marking it up since that would deter or adjust leverage for any lender - private or not.

I think that as long as you research and implement proper systems, then dealing with the existent tenants in the units won't be too bad after an adjustment period and it will help you both in the long run; if they're running well he can buy more and pass them on to you and with proper systems in place, you can take on more with little to no extra load! 

basically can you can adjust the boundary or fill to get out of flood plain.How long does this process take?

I guess the size of the lot might suppress the value, so I should adjust my estimated appraisal value to $225,000+?