I believe they stopped using knob and tube wiring sometime in the 40s.Roof - Of course in that amount of years, most likely the roof has been replaced at least a couple times, but this is also a big ticket items to look closely at.Plumbing - I think it was sometime in the 80s when PVC pipes were starting to be widely used.  

In Florida where I live, those two items cost me about 25-33% of my monthly income on a LTR.  

The kitchen is supposed to serve as an area to prepare food, but in making it part of the rest of the house it becomes necessary to make it aesthetically pleasing, which not only makes it expensive but also tends to impair its function.

You'll want to ask for an itemized invoice if they do not adjust downward significantly and plan on spending some money on an attorney to come up with a strategy. 

July 17, 20246:00PM-8:00PMLos Abuelos Mexican Grill5710 State Bridge Rd.Johns Creek, GA 30022Cost: Free - Support our host venue by ordering food/drink

For a $20K home, what happens to returns if major capital items are needed after year 2?

And are there any expenses that go on my itemized deductions?

Because of this, I felt it necessary to post our first blog article pointing out key items you need to know before you purchase an investment property in the area.

A lot of the food/bar scene is centralized in downtown Denver, so it's not ideal. 

Other small items:    Our drywall was already cracking in 15 + places, but we thought we could get it done a week or so after the foundation lift.