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Carrie Mims
  • Realtor
  • Orlando, FL
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20
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Flip w/ open code violations

Carrie Mims
  • Realtor
  • Orlando, FL
Posted Jun 10 2020, 18:37

A property of interest has 5 open code violations in reference to complaints made by a former tenant (rats, faulty electric, open walls etc) and 1 violation is due to incorrect carport setback and no permit. The carport is a cheap aluminum and could be removed.

The property is now mostly gutted, vacant and listed.
Purchase: 105
Reno: 50k
ARV: 205
With all of these open violations, the records state everything needs a permit to be completed now. There aren't any liens by the city yet or fees listed, but would you run from this? Or any experience that can offer guidance? My concern is not properly planning my renovation budget.

Thank you BP gurus!

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