What @Nathan Gesner said ^^^^ plus....do you have other construction skills like plumbing/electrical/tile/etc?

Our plan was to rent it for 3-7 years, and then sell it, before a roof, HVAC, plumbing, or even much flooring was in need of replacement. 

Electrical work, plumbing, foundation, windows, roofing, and AC/Heat.

If the home is 100 yrs old, I'm assuming it's a definite gut which is going to require new plumbing, electrical, heating, cosmetics.I spent about $140K reno on my multi family in the heights on NY ave and there were massive problems with it but it was a gut to 3 units & adding 2 bathrooms, 3 brand new kitchens 4 bathroom reno in total, all new flooring, sheetrock , insulation, framing, doors, electrical, plumbing, paint, parts of roof etc.

Quote from @Arun Maheshwari: Hi,Does the bank owned foreclosure property allows to put Inspection contingency for big issues like plumbing, eletricity etc.ThanksIf it is bank owned and the foreclosure has taken place - possibly but they would make you responsible to turn on power and water and turn it back off.

@Olga K.It doesn’t necessarily confirm the sewer line is completely blocked—it might just be an issue with the internal plumbing or fixtures.

(BTW - The NET loss was about 700 people per day.)Newsweek - More Americans left California between 2023 and 2024 than any other state across the country, according to new data released by the Census Bureau.The Golden State lost a total of 239,575 residents to other states, the largest net domestic migration loss in the country over the past year.

We have a clause in our lease that plumbing clogs not caused by mechanical/material defects in the plumbing will be charged to the tenant, and if your lease doesn't have similar I would recommend such a clause.

Check w/ the City / County to see what the permitting process is, and what if anything you would have to do regarding plumbing / electrical.

Selling to the wrong buyer can become more expensive than carrying the home for slightly longer.I will buy my bath/kitchen fixtures at a plumbing supply house and not a big box store.