If its a good deal I'm two feet in SoBro (they even have a hip name for the neighborhood)

The units are less than 1,000 square feet.Thanks for any insight you can offerFelix

I try to purchase for $50 - $60 a square foot monthly, fix up the units, and then lease the units out for $1/SF monthly.

We are thinking if we don't hear from them by tomorrow to start the eviction process as they may just be dragging their feet to buy more time.

Roofing is approximately 150 per square (square is 10 feet by 10 feet) for re-shingling, and if the roof requires redecking in addition to shingling it will be 2x that cost - this cost includes standard materials. 

It's a 2 bedroom, 1 bathroom, 1000 square foot house, on a small lot (under 1/4 acre), and definitely needs some major updating. 

I think if you are going to evaluate price too, square footage is a good measure for how much you should pay and how much each unit should rent for.

Find out who sells the straightest lumber in your area... lot's of carpenters will not work with lumber shaped like a banana. if you understand plumb,level and square!

Neighbors want to buy it and offer $90K for it and was declined.Zillow listing for 672 sq feetThere are 2 "homes" on the property. 1) 2 bedroom and 1 bath (672 sq feet): Every window is broke, the foundation is falling apart, needs to be completely gutted and rebuilt.

Last November, very late at night, a tenant of mine broke the toilet inlet pipe, causing a flood that led to about 500 square feet of laminate flooring getting wet.