Should I buy this home?

[Juan Avalos]

Hey everyone! Just wanted to know HOW DO I KNOW if the home inspection done on a home I'm trying to purchase is considered " a good buy " " fair buy"  or " GET OUT AND RUN"  :-) ..  what are the main things I should look at ? here is some stuff that jumped at me

Roof sags a little

Chimney is poor condition

Interior walls have some cracks

Floor squeaks / unlevel

bathroom fixtures need replaced

low water pressure from bathtub

water pipe condition leaks

No garage

no termites

no asbestos

Mind you this is a $30k home I'm buying and have tenants already in it paying $750 a month. Is this worth it?

Thanks

[Patricia Steiner]

At some point in time (it should have been before now), the owner will need to fix a whole lot of expensive things.  I recommend that you "know your costs."  What will it cost to repair/rehab the property?  And, can it be done with the tenants in place.  Until you know your costs, you can't determine if it's a good buy or not.  Maintenance that is deferred/delayed/not done, leads to bigger problems and more costly repairs later.