Seeking advice on a rental property purchase

[Joe Barnitz]

What’s up BP?

I’m in the market to buy my first rental property, and I came across a property in a prime location and it’s 100k under market value. Needs a rehab and more importantly a re-leveling of the house. The foundation is raised.

My question is how costly/complicated could a foundation problem be? And could other things go wrong with the property during the process?

Any advice would be great.

Thanks!