Bid accepted on HUD property but it has a pool!?!?!?

[Ronnie Boyd]

I have flipped 11-12 HUD deals so far, basicly just wholesale them off and double close. I just won another bid but I didn't realize there was a pool until I went to the property.

Pool isn't in great shape and this neighborhood is average at best. Home appraised at 48K .

I haven't sent my EMD in yet, should I back off of this one due to the pool?

I would love some feed back etc. it's a 2 bed 1 bath appraised at 48K im going to try and wholesale it at 32K, but the pool concerns me. Any feedback would be great. Thanks Ronnie

[David Beard]

A few hundred??? The dirt to fill it in will cost more than that? And you need to rent equipment to jackhammer the bottom (to prevent the yard from becoming a swamp) and a bobcat to break up all the concrete, so I'm told. I almost bought a house like this, and got two bids, the lowest was $3k, but I would have shopped harder if the deal had closed.