Some properties are turnkey where factors can determine whether your knowledge base will suffice or you need a more in-depth view others are heavy deep renovations where it would be a best investment protection to know what you don’t know; possible septic issues, roof, mechanical electric... then it’s best to get a pro if your a pro or have one. 

This, officials have said, should include a local workforce with experience in biomedicine, chemistry, computer hardware and software, electronics, materials and mechanical systems."

@Maria VillamarJust so you know, Pennsylvania doesn't have a mechanism for non-judicial foreclosures.

Among other things, the problem was that the building had no mechanicals.

The Qualified Exchange account set up - between you and the bank and QI.When the mechanism is applied this way you neither sell or buy property officially - you "exchange" with your QI. 

If the mechanicals and plumbing are handy I bet you could finish the basement for $30 per s.f. 

I also don't want all of the mechanicals to be old because on single family homes capex can destroy years of cash flow since the margins are tighter.

In fact, I am too afraid to start, but I would like to get going and jump on the train of real estate.A Little about me, I have a BS degree in Mechanical Engineering and a masters in Engineering Management.

I get things that break, dishwashers, disposals, clogged drains, toilets, showers.I'm looking for a mechanism that would decrease the "This house is 30 years old" work orders.

This guys thinks that you can get rich quick flipping houses - because they exclamation points adds emphasis, but in realty I'm not even looking to make as much as I do from my 9-5.