With that, having properties de-leaded is something that any investor should very much consider as all of these programs will require it.Like Dan mentioned, a lot of properties do have separate utilities.

I was recently presented with an opportunity in this area, but I am from NJ and do not know anything about PA.

The $60,000 renovation budget presented a clear opportunity to add value.

This form gives the seller five days to present all the leases to the buyer, and it gives the buyer five days to review the leases negotiate them, or terminate the agreement.

I just went to a presentation put on by Ignite Funding in San Diego. 

However, we inspectors are human, so it’s possible that the electrical shut off is present but simply was not found, as someone earlier mentioned they can be located anywhere on the property from way out at the street to even at the far side of the backyard.

@David De La TorreBe sure to have builders risk insurance while you are rehabbing.

Not everyone starting off gets hit with this, and if you can buy a portfolio it can "de-risk" the issue to some extent, but if you have one property and experience an 8-9 month fight to collect rent prior to eviction with a large repair bill after that it can be very painful.ALWAYS use a licensed PM in Detroit. 

Current plan is to sell one unit a year and put the net profits into fixed income.The assets are in the 400k range with older renovations but are somewhat presentable.  

I think they recently had their AC and water heater changed without even being present.