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Updated over 5 years ago,
Mold everywhere....run or great opportunity?
Hi everyone, I'm looking to buy my 1st rental property around Pittsburgh. I found a potential great deal on a 2br 1 bath house in a great school district for 30k when comps in the area are selling for 60-100k. Problem is that this house has been vacant for some time, and due to lack of temperature control and stagnant air, there is mold everywhere. Every wooden surface in the house is covered with mold. There is wood paneling in the living room, and it looks like it was painted with mold.
Should I forget about this place and move on, or can the mold situation be fixed without costing a fortune. I also don't want to expose future tenants to mold issues
Also if anyone in the Pittsburgh, Beaver, or Butler area reads this and wants to connect, let me know.
Thank you!