How much is too much for repairs on a new property.

[Shannon Young]

Hello All,

I have been looking at acquiring another property and I have estimates on repairs that need to be done. Repairs are going to be around 5K on a 70k property in Winston Salem NC. I have done repairs before on a new property but not to this extent? So I guess my question is how much is too much and what have some of you guys gone thru?  thanks