Flip Under contract.. Two big problems

[James Barnes]

Whats up BP. I currently have a 1947 home under contract to be flipped.The home was built on brick piers instead of on a foundation. The home seems stable but the home being on piers is definitely out of the normal in my area which concerns me for resale; we'd be targeting the first time home-buyer at a price point of 240k most likely. I've already had an expert out to look at it and he said if I'm wanting to install a foundation it would most likely be north of 20k; Lifting home, hand digging, installing foundation etc. This is not in the budget and is not an option.

Would you close on a home like this?

Would you be concerned with re-sale potential?

Cons of doing so?

Keep it as a rental utilizing the BRRRR strategy due to the unknown nature of resale?

Skirting around the exterior for rental?