Only when you have a solid foundation in underwriting would I pull the trigger on a purchase because as you have seen - it will be a money pit for awhile and if you don’t have the exit strategy to pay everyone back - it won’t be your money pit long because they will foreclose. 

As a Texan I had to learn about things like Rampart fireplaces and earthquakes, and you'll learn more about our foundation issues and the primary bedroom preference downstairs here.

Tax Foundation, Insurance - ValuePenguin, State Property Tax Rates - Rocket MortgageLow crime rate: Companies depend on attracting talented workers.

Quote from @Ethan Tomlinson: You don't want to get stuck analysing until you have a 100% solution, but you definitely need a foundation of understanding how real estate investing works.

We already had a strong financial foundation with a clear focus in real-estate investing.

This will vary based on foundation type and cost and ALL finishes- interior and exterior. 

We purchased two properties in Upper Peninsula, MI that each need extensive work  - foundation to roof.This is a growing town with outdoor activity and climate migration its primary draw. 

I toured it but found that it would almost need to be an actual rebuild since the foundation is cracked, the roof has a tree growing out of it, and just about every surface in between is painted or ruined by former tenants.

Hire a foundation specialist for a thorough inspection.

These will provide a strong foundation in the financial industry and enhance your credibility as an investor.It's a terrific idea to pursue a real estate license.