<format type="json">{report_id: string, property_address: string, report_date: date, report_author_firm: string, overall_risk_assessment: string, estimated_remediation_cost_usd: number optional, structural_assessment: {foundation: {condition: string, issues_identified: list[string], notes: string optional}, framing: {condition: string, issues_identified: list[string], notes: string optional}, roofing: {material: string, age_years: number, condition: string, recommended_action: string optional}}, environmental_findings: {phase_i_esa_status: string, recognized_environmental_conditions: list[{type: string, description: string, severity: string, recommended_action: string optional}], asbestos_containing_materials_present: boolean, lead_based_paint_present: boolean}, building_systems: list[{system_type: string, components_summary: list[{component_name: string, condition: string, estimated_lifespan_remaining_years: number optional, issues: list[string] optional}], overall_system_condition: string, system_recommendations: string optional}], title_encumbrances: list[{type: string, description: string, impact_assessment: string}], capital_expenditure_projections: list[{item: string, category: string, estimated_cost_usd: number, timeline_years: number}], key_due_diligence_recommendations: list[string], summary_narrative: string optional}</format> <data>EXECUTIVE SUMMARY: COMMERCIAL PROPERTY DUE DILIGENCE REPORT
Report ID: DDR-2025-9996
Date of Report: 2025-06-24
Subject Property: 68534 Natalie Island, Lake Joseph, Indiana 18958
Prepared by: Ryan, Garner and Allen

This report, commissioned by our client, synthesizes the findings from a comprehensive due diligence investigation of the subject property. The inspection, conducted on a brisk weekday, revealed a significant risk profile, driven by several key factors across structural, environmental, and financial domains. The on-site property manager was cooperative during our walkthrough. Overall, That fear store research try act. Forward affect member boy bit seat. Choose fact others long carry account. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in good state, with field notes indicating .Similarly, the framing is considered Poor; however, bowing in roof joists and minor wood rot at sill plates. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 22 years, its condition is poor, and our recommendation is a full replacement recommended within next 1-3 years. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'No RECs Identified'. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Plumbing system is in Good condition. The HVAC system is in Poor condition. The Boiler exhibits issues such as corrosion noted. The Rooftop Units (RTUs) exhibits issues such as nearing end of useful life. The Electrical system is in Fair condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $296,864 in required expenditures over the next decade. This includes approximately $201,758 for Roof Replacement within 0 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $296,864. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Covenant related to 'George, Gallegos and Gregory holds a covenant for synergize end-to-end bandwidth.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of rooftop units (rtus).; Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of boiler..</data>
{
  "report_id": "DDR-2025-9996",
  "property_address": "68534 Natalie Island, Lake Joseph, Indiana 18958",
  "report_date": "2025-06-24",
  "report_author_firm": "Ryan, Garner and Allen",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "bowing in roof joists",
        "minor wood rot at sill plates"
      ]
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 22,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 9
        },
        {
          "component_name": "Water Heaters",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 0
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 9
        },
        {
          "component_name": "Site Lighting",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 4
        }
      ],
      "overall_system_condition": "Fair"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "George, Gallegos and Gregory holds a covenant for synergize end-to-end bandwidth.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Kelly, Cabrera and Cooper holds a easement for visualize strategic networks.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Stewart PLC holds a covenant for monetize cross-media communities.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Covenant",
      "description": "Smith, Mathews and Beck holds a covenant for transition mission-critical deliverables.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 201758,
      "timeline_years": 0
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 65282,
      "timeline_years": 1
    },
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 29824,
      "timeline_years": 5
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of rooftop units (rtus).",
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of boiler."
  ],
  "estimated_remediation_cost_usd": 296864,
  "summary_narrative": "That fear store research try act. Forward affect member boy bit seat. Choose fact others long carry account."
}