Now there is drywall damage and some wet flooring.Not what I was looking for on a Monday (or any day) but if it was easy, everyone would do it.

Amelia Bartlett buying an auction property for your first investment is certainly a way to get your feet wet!

little experience on major repairs, but I have done quite a bit when it comes to repairing holes in walls, or building new walls to splitting rooms, and repairing small holes or wet spots on floors with removing a piece that way.. just nothing with major issues with foundations

I think it will have a wet bar, which is a pretty common thing to put in basement "bonus spaces."

I've gotten my feet wet in many different types of deals...

My goals are to figure out how to take the headache out of managing and to also get my feet wet enough in flipping to see if that is the better avenue for my real estate investing.

Some of it is seeping through the block (which is porous) and getting the basement wet, and the rest is just creating static pressure against the exterior foundation wall and causing it to bow and crack.The key is to get the water away from the foundation wall and keep it out of the basement.

I'm hoping to close on a buy and hold rental this summer to get my feet wet and see what happens.

If the property is in a wet location, you risk foundation damage by not routing the water properly.

Like many commercial REI, I got my feet wet in residential multi-families.