I am looking into a monopole for sale. Owner wants to sell it as scrap. I offered to buy the structure, keep it where it is and pay him monthly.
The scenario sounds little weird. So I am trying to come up with a list of things I need to check to make sure there is nothing tricky going on.
Here is my list so far:
- State & city permits OK?
- what it can rent out for?
- lights work?
- overhangs neighbor?
- there is no lease - guy is the owner of the property and the structure
What else should be inspected?