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Updated about 5 years ago on . Most recent reply
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First rental investment
Going to submit an offer on my first rental tomorrow with a friend of mine. Ask is 95k but we are offering 85k due to the sloping floors and the bad Reno job the previous owner made. I know I should stay away from foundation issues, especially being my first one but it’s on a crawl space and thought it could be jacked up and leveled pretty easily. It’s a 1.5 story and comparative rents in the area for a house this size is around 1500. Let me know your thoughts.