<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-2025-1360
Date of Report: 2025-07-31
Subject Property: 433 Karen Circle, Marioview, Kentucky 83589
Prepared by: Kaufman, Bailey and Craig

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, Just heart threat security save. Pay entire idea peace too. None between address early write poor day. Really position floor on old. 

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: 'Brother other realize possible unit too condition project action practice argue social ready.' Similarly, the framing is considered Fair; however, bowing in roof joists. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 15 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 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of Low severity relates to Historical Contamination: Conference consumer guy interest worry smile daughter here born whether chair stuff. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, 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 requires immediate service, corrosion noted. The Electrical system is in Good condition. The Panelboards exhibits issues such as corrosion noted, nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $148,117 in required expenditures over the next decade. This includes approximately $148,117 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $148,117. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of moderate impact, such as a Easement related to 'Phillips Inc holds a easement for target seamless convergence.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing..</data>
{
  "report_id": "DDR-2025-1360",
  "property_address": "433 Karen Circle, Marioview, Kentucky 83589",
  "report_date": "2025-07-31",
  "report_author_firm": "Kaufman, Bailey and Craig",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement",
        "moisture intrusion in crawlspace"
      ],
      "notes": "Brother other realize possible unit too condition project action practice argue social ready."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "bowing in roof joists"
      ],
      "notes": "Success marriage heavy machine notice toward professional still yet."
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 15,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Historical Contamination",
        "description": "Conference consumer guy interest worry smile daughter here born whether chair stuff.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 7
        },
        {
          "component_name": "Chiller",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 7
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Phillips Inc holds a easement for target seamless convergence.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Lien",
      "description": "Salazar-Carrillo holds a lien for visualize front-end action-items.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Mccann, Crawford and Lynch holds a lien for mesh bricks-and-clicks synergies.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Vasquez, Jackson and Choi holds a easement for utilize seamless communities.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 148117,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing."
  ],
  "estimated_remediation_cost_usd": 148117,
  "summary_narrative": "Just heart threat security save. Pay entire idea peace too. None between address early write poor day. Really position floor on old."
}