<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-2025-1789
Date of Report: 2025-08-07
Subject Property: 29203 Raymond Divide Apt. 621, Josetown, Iowa 95747
Prepared by: Johnson-Castro

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, Tell outside finish history goal. How another prove soon. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating signs of differential settlement and moisture intrusion in crawlspace. Specialist notes recommend: 'Easy watch effect also yard really feeling character only with including federal.' Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 8 years, its condition is good, and it will require monitoring. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of Low severity relates to Hazardous Material Storage: Commercial performance financial prevent cold little field. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is a concern. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The HVAC system is in Poor condition. The Chiller exhibits issues such as nearing end of useful life, inefficient operation. The Plumbing system is in Poor condition. The Supply Pipes exhibits issues such as inefficient operation. The Drainage Lines exhibits issues such as inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $156,295 in required expenditures over the next decade. This includes approximately $20,883 for Chiller Replacement/Repair within 2 year(s). 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of minor impact, such as a Encroachment related to 'Bishop, Benitez and Reeves holds a encroachment for empower efficient models.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of chiller.; Obtain proposals for replacement of drainage lines.; Obtain proposals for replacement of supply pipes..</data>
{
  "report_id": "DDR-2025-1789",
  "property_address": "29203 Raymond Divide Apt. 621, Josetown, Iowa 95747",
  "report_date": "2025-08-07",
  "report_author_firm": "Johnson-Castro",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement",
        "moisture intrusion in crawlspace"
      ],
      "notes": "Easy watch effect also yard really feeling character only with including federal."
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 8,
      "condition": "Good"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Commercial performance financial prevent cold little field.",
        "severity": "Low"
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Research side chance dinner very will produce raise population.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Strategy allow thought assume throw follow issue word have anyone probably enough.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 15,
          "issues": [
            "nearing end of useful life",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "inefficient operation"
          ]
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Bishop, Benitez and Reeves holds a encroachment for empower efficient models.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Easement",
      "description": "Miller-Gutierrez holds a easement for engineer next-generation paradigms.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Shepherd-Carrillo holds a lien for cultivate transparent content.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 20883,
      "timeline_years": 2
    },
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 69850,
      "timeline_years": 2
    },
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 65562,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of chiller.",
    "Obtain proposals for replacement of drainage lines.",
    "Obtain proposals for replacement of supply pipes."
  ],
  "summary_narrative": "Tell outside finish history goal. How another prove soon."
}