Advise on investment

[Ananth Subramanian]

Hello, I have chosen a house in Mesquite, TX. This is a 1796 sqft, 4 bed, 2 baths and 1986 built. The house looks good from an inspection perspective and it satisfies what I wanted from a house.  The house had previously a garage but it got converted to a bed room and an adjoining office room and also it satisfies all city requirements. The house is priced at 280K. 
There are a couple of things where I need someone's advice whether I am making the right decision and also the house is worth its price.

1. My question is, should I be going for this investement property that does not have a garage

2. Also the house does not have an underground sprinkler system.

Thanks,

[Nathan Harden]

It sounds like a solid investment, shoot. You even said it yourself, "The house looks good from an inspection perspective and it satisfies what I wanted from a house."

Don't get cold feet. If the inspection is good and the numbers work, take it, get experience.

As for the garage, do your comps have garages? Would your numbers still work if you were forced to build a garage?

Sprinkler system? Easy fix and should not be a deal breaker for you or the buyer that buys after the flip is completed.