General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Septic- the good, the bad, and the profitable?
New investor looking to do a live in flip of a house. Found a house that I am very interested in and it fits almost all of our other criteria for a live in flip to LTR. Biggest issue I am seeing right now is that it is on septic. I have heard a lot of people talk down on septic, but living in Italy (because of military) everyone here seems to be on septic and not have any issues.
A few questions for everyone.
How big of pain is septic?
How much would you add for capex and maintenance here?
How hard/costly is it to switch from septic to public?
Is it worth it since this deal could fly under the radar of others because of septic?
Thank you so much for any input!