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Updated over 10 years ago, 06/06/2014

User Stats

249
Posts
73
Votes
Zaid R.
  • Investor
  • Northridge, CA
73
Votes |
249
Posts

Would You Buy A House That Is Settling "floor not perfectly flat"??

Zaid R.
  • Investor
  • Northridge, CA
Posted

Would you buy a rental property where the house is settling (the floor is not 100% flat)??

I looked at a duplex yesterday and noticed this issue. The numbers fit my criteria (rent, ROI, cashflow...etc) but I am concerned about the floor. There seems to be no cracks in the foundation (I will get more details with a home inspection if I proceed with it). The house is in a section 8 type of neighborhood and I doubt tenants would pass on it but still....

Would you buy such a rental? Any experience with similar situations?

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