Now if you add a heated man cave off of the garage with a half bath in it, you may very well get an appraiser to say it is now worth 135,000 if the extra Sq footage and bathroom equate to 10K in that area.So I guess I am saying make sure not to "overupdate", if nothing is a comp to what you are going to do, don;t do that much.Good Luck!

@David Dachtera When I say "good" I mean good that there is not "MAJOR" issues like the floor is about to cave in.

I would also like to gain an insight into  different strategies and techniques used by many to become a sourcer for investors and even be able to explore different loan strategies to be able to improve my yield and become a successful property developer/real estate professional.I am delighted that i found bigger pockets after i have been put off from bad past experiences companies offering education which involves up-selling and spending a lot of money for the knowledge need to pursue my dream.

Nevertheless something really neat that I've seen is friends that have their houses on solid grounds but nearby there are some awesome caves that are part of their land!

I'm a delightful person - really.

While disappointing that I don't get to make my first investing purchase, I am DELIGHTED to save the money and heartache ya'll so wisely pointed out...risk is one thing, high risk is something else!

So that means that if the roof caves in after inspection but before closing, the seller would be obligated to fix it.When we write a P&S in MA, there are normally two contingencies that allow a buyer to get out of the deal and get their deposit back - this are home inspection (normally 10 days from the offer date) and financing (commitment or "clear to close" within 2 weeks of closing.  

Do t get discouraged or cave in.Best of luck to you!!

Why is it that with every post I make, I find the same few crawl out of whatever cave theyve been in to spread hatred and bitterness?

I mean, you've got 2m mansions in Bratenahl and 5k SFR's with the roof caving in just 300 meters down the road.