In the process of removing old oil burner and having gas run up to the house. 

But that's also what makes it such a fat target for a claim of basis shifting.  

The market there is hot and finding fat deals may be tough to do.

So when the person we bought it from failed to make the rent payment shortly after we rescued them and they do most of them do anyway.. we could go in rehab and resell and make our profits. of course we are talking about 200 to 700k props. no 10 to 30k distressed mid west assets.. it was usually 20 to 50k just to bring them current. no equity sandwhich is a big FAT loser long term.

All work should be billed at the normal rate.Doing it this way the investment can still move forward on time with great care from all parties involved as they are making money using their "day job" skills & are also equity owners in the investment so they won't put it on the back burner or run away with the money, which is always a risk an investor or group of investors runs when they hire outside contractors.

The original wires are connected to the new breaker box.The home inspector should have at least the "plug with three neon lights" tester (which tells you if you have a ground at an outlet or not) and the "fat pen with the end that lights up" tester (which tells you if a wire is live or not, without touching it). 

Your not buying a debt from "Fat Tony" Salerno. 

Enough to buy a brand new top of the line pickup truck, paid for in cash, and a fat bank account so he could return to his home town where he had family. 

Ok, I had to put the business on the back burner for a bit, my eldest son just moved up here from Mississippi along with my grand-daughter (woo hoo).

Those with fat wallets have places in both locations.Then various other NYC and surrounding locations and various other SF/South Bay locations.