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Updated over 2 years ago,

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'Unique' property question

Posted

Hi all-

I am considering purchasing a property that checks all the boxes and the numbers look good. However, it has a potential issue that I was hoping to get some advice on. This is an older home with unconventional dimensions. Specifically, the stairs that go to the second floor have very little clearance at the bottom, leading to a tenant potentially hitting their head. When I asked the agent if it would be possible to notch out the area to improve clearance, she noted that there might be a structural beam there that would prohibit that option. Would you be concerned with this if you were the investor? Are there any alternatives you can think of to creating better clearance? Would it be sufficient to point this out to potential tenants when they are touring the property?

Thanks for any guidance in advance!