./2,5 bath w in-law apartment, 2200 squ/ft in New England.

For the Average buyer this would have been disaster.. we simply built a new construction on it and did OK.. but this full blown rehab can be a real challenge for many .. its one thing to replace kitchen baths paint carpet roof.but when it comes to structural or these really old houses you get from Charleston north into New England.. etc its far more complicated and risky.

I live in England and want to buy a house to rent it for passive income.

I live in England and want to buy a house to rent it for passive income.

Tired of dealing with New England winters.

Yeah, southern New England not getting too much love around these parts.

@Jeremy England thanks man, hopefully we will get to work together on one soon!

I am also looking to buy in the midlands because it is less pricey than the south of England (where I live now) and I dream to buy my first house hacking property hopefully in my very early 20s.

@Jeremy England i like your deal Jeremy, i would opt to make it uniform in baths and floors and you get two things, better refi value, and my own subjective opinion is a better tenant, if it bugs you it will bug people like you, and there's a bigger reason, you want this deal to be more liquid asap, so at any time a renter or outside buyer can buy it, it's an important exit option to have just in case 

Current homeowner lives in England, and is looking to get rid of the house.