-Has no crawlspace (common for older properties) so we couldn't see the foundation-Drywood termite/wood decaying fungi damage seen on all the windows/doors/parts of the beam on the exterior, parts of roof decking and rafters in the attic-Old leaks/moisture damage seen in the ceilings and attic-Parts of the roof has patch work-Roof doesn't have any permits on record (don't know how old it is)Seller's offer to me:-Fumigation treatment for drywood termites (tenting the house)-Replace and repair all damage wood throughout the house-Replace the entire roof with a new permit-Replace one window in every room (not all)-Pay for a structural engineer to inspect the foundation-Offer to get quotes for repairs and have a 15-20K budget to make all repairs, house is 500K.

My boss just decided to deny an applicant who has a Utility Collection (like Water, Electric, and gas), and I'm struggling with my criteria.Any Idea will do.....

In reality what happens is you end up paying more for a "clean house" but because you are doing a flip people want new mechanicals (central air, 200 amp electric, pvc plumbing stack) so you end up doing a full gut or larger rehab then simple cosmetics and now your returns have shrunk.In your situation for your first investment I would be ok with a smaller return because of the experience gained, but for the next look for larger profit.

Engineer, accountant, teacher, management and attorney are the careers most likely to produce millionaires. 

Go to your favorite search engine and look for "fake pay stub" and you'll see what I mean. 

I like bringing engineers out since then bring companies out to bid on the work to recommend. 

I know based on the Illinois Condo Act, HOA should cover the wall, insulation and electrical. 

I've used AI that uses Reditt for forum conservation and it's the best.BP has the most very insightful information and tips how to handle residential real estate and rentals, rather than using the old ways of using search engine, it would be excellente when there's AI feature where I can ask something like this "what shall I do when my rental experience this and that happened,etc,etc".... use the LLM that could give input where person that has more like, could have more accurate answer.

It can often take years to resolve and may require you to hire professional assistance (even if the cost segregation firm claims they offer audit assistance).Here are some qualifications that you should look for when hiring a firm:In-house engineers: The best firms have specialized engineers on staff, not just hired contractors.

That usually means the units were renovated, but what about structural, mechanical, electrical, plumbing?