I am new to BP and super excited to have come across this gem in my real estate research.

conversation about the $130k price range.Summary is: $50k purchase from a distressed seller, $20k in work (imagine pets and chain smoking for 25 years ... yeah), multiple comps of the same vintage within 6 months in the same park above $120k.I'm trying to find the gotchas here.  

Its a gem from the past, excellent HOA, kind of hidden, and right next to Old Town (the downtown tourist area) and the local hospital.  

Funding hasn't come about so I decided to pay cash for a fixer upper as close to Chicago as possible (in Chicago the homes in my price range were in gang areas)I found a gem I believe in Gary and I'll be closing on it this week. 30 min from my business in Chicago. 1,000sf home on a 1950sf plot.3 bed 2 bath wit not 1 but (2) Two car Garages along with wide side driveway.

There are deals in every neighborhood, but you have to work to uncover those gems.

There are deals in every neighborhood, but you have to work to uncover those gems.

Make sure you listen to the podcasts as well, there's some gems in there.

I spent several years in Turlock - and a lot of time at the Vintage Faire Mall!

I've dealt on the selling end, Freddie Mac properties, in rural areas and there are definitely some hidden gems out there.

Property manager suggested flooring for the kitchen and baths could be Allure red rock or Allure Ashlar tiles.For the LR and Hall could be Allure Ultra planks in Vintage Oak Cinnamon.