Rental property with end of life roofing

[Tim Siocheng]

I’m a beginner in real estate investing. I am focused on single family home rental. The house that i am looking into buying is in centerpoint alabama and purchase price at $100k. The major concern that i am having are: The roof is at end of life. floor joist needs to be install due to flooring bad deflection There are broken cement at the patio / deck Possible water leak to the basement walls. i just don’t want to be the person who ends up with the expenses the previous owner should be taking care of. Can you give an advice on how to deal with this property? Or should i just take a pass and move on? I highly appreciate you’re feedback. Thank you

[Andrew B.]

You calculate how much it will cost to fix the problems, and then include those costs when calculating your purchase price. the numbers either work, or they don't.