And that's not putting it on a slab foundation but on block.

All of my properties are in Connecticut.So far:Triplex in New Britain- BRRRR complete and fully operational.2625 Rent Roll 100,000 acquisition  50,000 renovation, 140,000 refinance out 190,000 valuationDuplex in Manchester- BRRRR complete2500 Rent Roll 60,000 acquisition  60,000 renovation, 140,000 refinance out 190,000 valuation.Duplex in New Britain- Auction.com buy at the refinance stage.2475 rent roll  75,000 acquisition  20,000 renovation,  looking to refinance out 120,000 for a 160,000 valuationDuplex in New Britain- bad foundation renovation done this month2400 rent estimation 85,000 acquisition 20,000 renovation, looking to refinance out 120,000 for a 160,000 valuationDuplex in Manchester- acquired from wholesaler half rented and in renovation2300 rent estimation 77,000 acquisition 20,000 renovation,looking to refinance out 120,000 for a 160,000 valuationBrand new acquisition:2300 rent estimation 70,000 acquisition  30,00 renovation, looking to refinance out 120,000 for a 160,000 valuationI will be documenting everything I can about the 6th deal as we go.

Foundation is solid.

DISCLAIMER: I am not familiar with your states licensing practices but I am sure they can be found at the department of state easily enough.This allows you to advertise to the public.

I have bid the foundation out but the prices are all over the place, at this point I have no idea what to price this out at. 

If you don't ask, unless it is a major issue (e.g. cracked foundation), they may not make you aware of it.As well, many (dare I say most) agents are 'driven' by the Seller.

Build in late 1970s, 3 bed/2 bath, 2 car garage, approximately 1600 sqft, need new carpet, possibly new roof, has some foundation issue, and require general update through the property as stated on the flyer.

What happens when the inspector gets in there and sees the foundation is crumbling? 

They will give you some foundational information to get you started understanding the business.Jim.

I'm just trying to build a good foundation.