Rehab Questions

[Dave Antonelli]

Ok a rehab project popped up in my area. Price on it is $50k.

http://www.bismarckmandanhomes.com/mls_detail?mls_number=307999

Thing that worries me about it, is that it is already freshly sheetrocked. Why would anyone do all the **** work and then just stop? All thats left that needs to be done is flooring, paint, appliances, furnace, some plumbing, sinks, etc. Easy stuff.

So does anyone think they are trying to hide something by sheetrocking it? Maybe water problems or mold? I just dont see why anyone would do that much work and then just stop when theres not much left to do.