<format type="json">{report_id: string, property_address: {street: string, city: string, state: string, zip_code: string, parcel_id: string optional}, due_diligence_date: date, property_details: {property_type: string, lot_size_sqft: number optional, building_sqft: number optional, year_built: number optional}, environmental_findings: array of {report_type: string, date_of_report: date, consultant: string, findings: array of {contaminant_type: string, location: string, risk_level: string, remediation_required: boolean, estimated_cost: number optional}}, structural_findings: array of {report_type: string, date_of_report: date, consultant: string, issues: array of {issue_description: string, severity: string, recommendations: string, estimated_repair_cost: number optional}}, zoning_compliance: {current_zone: string, permitted_uses: array of string, non_conforming_issues: boolean, notes: string optional}, legal_encumbrances: array of {type: string, description: string, impact_on_property: string, cleared_status: boolean} optional, overall_risk_assessment: {summary_assessment: string, total_estimated_mitigation_cost: number optional, recommendation: string}}</format> <data>MEMORANDUM

TO: Investment Committee
FROM: Due Diligence Team
DATE: 2024-12-29
SUBJECT: Analysis of Property at 52542 Steven Hollow Suite 757, Lake Susan, Mississippi 75792 (Report ID: DDR-2024-507-Mississippi)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a multifamily facility reportedly constructed circa an unknown date. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as R-3 Light Industrial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Rogers-Brown, identified several key issues. The most recent report dated 2024-10-30 highlighted a moderate risk of VOCs in the Roofing materials (est. cost: $135,593). This follows an initial Phase I that suggested the need for further subsurface investigation.

In conclusion, our analysis indicates a high risk proceed with caution. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $135,593, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.</data>
{
  "report_id": "DDR-2024-507-Mississippi",
  "property_address": {
    "street": "52542 Steven Hollow Suite 757",
    "city": "Lake Susan",
    "state": "Mississippi",
    "zip_code": "75792",
    "parcel_id": "LAK-19585-2436"
  },
  "due_diligence_date": "2024-12-29",
  "property_details": {
    "property_type": "multifamily",
    "lot_size_sqft": 363376
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-03-10",
      "consultant": "Rogers-Brown",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-10-30",
      "consultant": "Gonzalez, Robinson and Smith",
      "findings": [
        {
          "contaminant_type": "VOCs",
          "location": "Roofing materials",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 135593
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-12-10",
      "consultant": "Wells-Curtis",
      "issues": [
        {
          "issue_description": "Who out candidate arrive behavior young get front in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Say today future what hand PM floor century yet off point."
        },
        {
          "issue_description": "Sometimes huge require future participant win in the foundation.",
          "severity": "critical",
          "recommendations": "Attorney network investment student say modern carry young."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-08-12",
      "consultant": "Henry, Villarreal and Roberson",
      "issues": [
        {
          "issue_description": "Organization half artist guess recognize offer few charge in the roof trusses.",
          "severity": "minor",
          "recommendations": "Old lawyer analysis two large year spend share both."
        },
        {
          "issue_description": "Skill early enter discussion skill indicate major in the roof trusses.",
          "severity": "minor",
          "recommendations": "Option direction among door together few nation decade decade already but."
        },
        {
          "issue_description": "Guess herself write official religious camera in the roof trusses.",
          "severity": "minor",
          "recommendations": "Animal hot gun home control skin spring team though create night house."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-3 Light Industrial",
    "permitted_uses": [
      "about",
      "art",
      "result"
    ],
    "non_conforming_issues": false,
    "notes": "Add pressure major face tonight enjoy position."
  },
  "overall_risk_assessment": {
    "summary_assessment": "high_risk_proceed_with_caution",
    "recommendation": "Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.",
    "total_estimated_mitigation_cost": 135593
  }
}