@Barbara Goodman-your estimate was right on!

Goodman.

@Barbara Goodman @Yinan Q., I was treating 'maintenance' as a combined incidental and capital expense budget.

@Will Bernard no bc the home was worth about $110k as-is when I bought it@Stephanie Goodman That's good to know :)Irma C.

@Barbara Goodman One unit was renting for $1500 the other unit for $2000-$2100.

If the seller was my father, I would try extra hard to get him what he needs vs making a killing off of him @Harry Goodman.    

Originally posted by @Michael Noto:@Barbara Goodman are you looking for a fixer upper or a conventional buy and hold?

@Russ Goodman that is what I figured as well.  

@Stephanie Goodman, this is MA, and 20K Cash for Keys is not unusual, especially with a previous foreclosed owner as the occupant.  

I really want to keep them out of the 203k loan because I don't think we're getting good pricing from the contractor.  1 - 2.5 ton Goodman R410 14 SEER Heat Pump System2 - 80% 80k BTU Natural Gas Furnace Coils (I assume the A/C condensers are included here too)He wants over $15k ($9k parts $6k labor) to replace the three outside units and the furnace coils.