I don't think much of the objectivity of a survey when it's main thesis is a conclusion; " energy used CAN BE greatly reduced...".

I know I should have been more proficient on my checks but nothing was listed on the surveys or appraisals!

Survey Uncovers Patterns and Trends Among Homebuyers

Most times they weasel is when they note the issue in their commitment, like of access or will not cover location of property line if no survey done etc.If you ever try to refinance some of your money out or use it as collateral you will have to buy it anyway.

You will need a survey, building inspection, zoning check, appraisal and many other items.

i think the biggest lesson is to never quit, when times are tough and nothing is happening re-group and find out where your going wrong, its like in think and grow rich, a man bought all this gold mining equipment and moved to Cali and he dug for what seemed like forever with out hitting the gold vain, so he sold his stuff to a local junk man for pennies on the dollar and the junk man hired a survey guy and he said dig 3 feet from where the man stopped digging and when the junk man did that he hit the biggest gold vain in history, so any new wholesaler out there reading this, never give up cause you could have stopped 3 feet from gold, NEVER GIVE UP punch through those obstacles and win.

If so use a broker familiar with the property type they should know the market and be able to answer rental rate questions or run a market survey for you.

We agreed to have the land surveyed to prove we were out of the flood plain (which we did, and which we are) but during all this the buyer's realtor would take up to 4-5 days to response to a simple question.

Bye the way, we're starting to do some surveys - what do you like about the place, what don't you like etc.

Debt expense is roughly $2400 / month Annual Tax: $10,500 Insurance: $3,500 Heating expense (Nat Gas): roughly $4850 / year (One boiler for entire building & two water heaters) Estimate expenses at 5% of Gross Income Annual Rent Roll: 70k ACQUISITION COSTS: Lawyer: 1k Appraisal & Environmental: $2300 Tank Sweep, LLC Set up, Survey, Misc: $1500 Title Fees & Bank Attorney: $5K Bank Origination Fee, Gov Record Fees: $3k The property did come with one unit vacant which I filled this month.