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Then, I stretch the costs and profits over 10, 20 and 30 years.

This also assumes only 22 days in rental and does not consider higher performance months during which occupancy rates exceed 22 days in rental.

And sign a bunch of extra legalese stating that GC is not responsible for anything that occurred as a result of work performed prior to such and such a date.You will probably find someone, but I wouldn't take the first anxious GC that comes along, because an experienced GC will be very leery about getting involved at this point (and they shouldn't need the work anyway)

The only thing I could think of is maybe if they have a very small % of ownership in the building (and I mean maybe 5% or so) and they take more of a payout up front and less of a payout as the property performs and appreciates; but again a good operator realizes that having equity in an asset is valuable so I'd be cautious of this type of setup. 

That damage seemed to be limited to about a 20ft stretch on only one side of the building but he said likely the entire foundation should be repointed.

If one property isn't performing well, the others can compensate.

Here in Texas the title company performs this due diligence very early and sends to the buyer a title commitment that outlines any additional liens.

I self-performed the design and construction management.

I have done some extensive research to see if any of the descendants of the original grantor are alive.