Recently it went vacant I didn’t panic since it leaves some meat on the bone.

@Zijuan Capps at the end of the day if you're looking to purchase an investment property - you need some meat on the bones.

That would mean their profit is packed in there as well, by the time you wholesale it to another flipper (if that's what you're doing) there may not be enough meat left on the bone for the flipper.

The bare bones of the house seem to be in good shape but I will be getting a full inspection if I move forward.If I remodel the one side I estimate about a 25-30K rehab cost and I am able to get $1600 out of it in my area.Let me break down the numbers.

I agree there isn't much meat on the bones here in terms of equity. 

But the place was dry as a bone when I saw it and nothing left was water damaged. 

The old houses around here have great bones being mostly built with old growth redwood.

House had good bones, easy fixup, easy to rent How did you find this deal and how did you negotiate it?

One parking covered space. b.

At that price point, there doesn't seem to be enough 'meat on the bones'.