It came out to around $125 / month cash flow, not GREAT, but for a first property it's a base hit and gets me in the game.HOWEVER, here are the main issues that came up from the inspection that really concern me:Horizontal cracks in the poured concrete basement foundation on the back and left side of the house with what looks like attempts to patch it with stucco in the pastKnob and Tube wiring throughout the entire house (concerned about getting insurance)Galvanized piping for majority of water supply lines (low water pressure throughout house)Leaking roof from chimney (need to install cricket) and fix upstairs unit wallsOne of the furnace flues is completely deteriorated and needs replaced, currently releasing some levels of carbon monoxide into basementOne of the water heaters is from 1992Some water intrusion damage in main electrical panel and one of the breaker panel is a Pushmatic styleThese are what I conclude as the big ticket items.

I'm renting a house in Georgia and a fuse blew in the breaker panel is it my job or the landlords to fix the fuse will they gave to reimburse me for any cost I spend

House got a total overhaul of brand new paint, refinished flooring, completely gutted bathrooms, brand new roof, new electric panel, new granite, new appliances.

In this flip, we replaced the roof and electrical panel.

We moved and amped up our panel.

Added solar panels and wall to wall renovations along with spray foam insulation.

. $1500 straight to the pest control guy for fumigation, $4-5k earmarked for a driveway and patio pour direct to vendor, and a contractor to do kitchen cabinets and counters, appliance hookups, vanities, 5 panels of wood fence, interior pre hung doors, a bit of termite repair, and a few other things.

.- Electrical: 2 panels / 2 meters - Setup: 2nd, Garden, & Garage / 1st Floor. 

Another option: leave it in place but put a low-boy in there with removable panels.

A year ago I received the keys to my first rental (new build detached house with solar) property on the Dutch Caribbean Island Bonaire.