Buying my first propert Subject to

[Rae Remer]

Ok, House is Worth 42,900. on zilliow the owner has a loan of $60, 400 left to pay the mortgage company. She is willing to subject to the house to me. But Heres the List of Problems

No A/c or Heat the unit is out

Water gets in the basement when it rains,

Model is in the Ceiling in 1 of the bathrooms,

The Backyard has a Pool that doesn't work at all

Heres Whats good,

Wood Floors in the living room

New Floor in the kitchen

It has a Pool in the Ground

the basement has a garage it seems like

and the back deck will have to be replace I estimate the work will cost about 10 k at the most

The property is in a bad neighborhood where value drops constantly

But I want to take over the house and rent it out for her should I take the deal or not