When our mowing guys got there they kept running into hidden obstacles of beer cans and beer and whiskey bottles discarded in the high grass.We'll look at land locked properties, flood zone properties, title issues, etc.Not familiar with spam in a can, except the pork shoulder product sold at the grocery? 

What are the hidden costs with tearing down a property, even if you keep the foundation?

I am just terrified of hidden costs and I cant find much info on that stuff.....

If the seller is instructing the broker to screen buyers, show POF, and sign a confidentiality before releasing info that is the sellers right.I get contacted to work with commercial buyers all the time for retail properties.

Look up IRS for 990T and the instructions 990T on the IRS website for more details on UBIT.In regards to the cost, it would be the attorney fee to set up the Checkbook IRA which can range from $500- $1,500 depending on the attorney.

They will instruct you as to the means of conveying title that will be insurable according to their underwriters.  

I will need help from partners with financing and some help and/or instruction on finding available properties.I am working on obtaining my real estate license and will hopefully have the coursework completed by the end of the year. 

Be wary of small lenders that try to tack on hidden fees if you don't need to access the LOC other than the basic maintenance fee.

Send me a PM with your email address, and I'll send you the instructions for how to decipher the lists.

You need to know the numbers, especially the hidden costs, of real estate.