I'm a contractor,& have worked with Realtors extensively.have your Realtor ask around the office for someone that does repairs/inspection punch list items, they will be able to clean up that mess for you at a MUCH lower priceYou most likely won't have black mold, but Dawn dish washing soap will cleanse everything of mold"Home inspectors will verify"secondly, after all the moisture,& suspected mold has been cleaned/dried, you can simply use good sealer/primer on wood,& concreteI would guestimate around $3,000-$6000 for the entire job including hardwoodsMake sure you block any air intrusions in the crawlspace areas, Colorado can be hard on water lines :O}

Congrats on having the longest running daily podcast ever, Joe!

@Philip Hy Yeah, anything is possible, in our company, we charge 2k/week for daily visits, 1k for 2 visits/week.

(I had to replace an entire section of exterior wall to correct the moisture damage.)

My list grows daily and I send out letters daily so I have no way of knowing even which "group" he's in. 

On BP, not only can you network with other real estate investors, but you can learn from the informative forums posted daily on the site, find properties that are for sale, and take free courses.You have come to the right place and I wish you the best of luck.

Mindy Jensen Yeah the older materials were terrible at letting water escape and you would tend to have a lot of moisture issues.

I have a realtor and have begun getting MLS listings daily.

Many investors seem to take the approach that a PM is just an unnecessary added expense that they can handle themselves, but I know from experience that a great PM will usually rent your property more often, for more money...not to mention take the daily management grind off the owner's plate...freeing them up to do more deals!  

I almost at a point where I don't even bother with home inspectors.Some other common issues with older houses, particularly if you will be renting:  lead paint, asbestos, mold (although I find older houses are leaky enough that, as long as the roof drains well, air movement through the building is good and prevents moisture buildup), steep staircases, narrow hallways.But you MUST MUST MUST do a walk-through with an experienced contractor (one who specifically has experience renovating older houses/buildings) prior to placing an offer.