Inkster is close by, but we'd never go into inkster.anyway, the short story was.... the payoff amount was around 37k. the house is in terrible condition, so the agent had it listed for 25k. i was the highest offer at 30k, so i had it under contract for a few months. the banks didn't approve the SL and the agent said the homeowner might not make it much longer. so i just gave them what they owed on the house, $36k+ and we closed on it today.i dont have inside pics cause i didn't bring my nice camera, but i will take some pics and post them. the expected rent in this area for a 2 bed will be around 900, hope to get $950 if we can push it. we'll see. it needs everything... top to bottom. it was not a horder's house, but pretty close to it. it might have over 400 plastic bags and maybe 200 cans of pringels. also, lots and lots of shot gun shells. lots!

A quick walk through and I estimated about $60K in rehab, where as I want to spend about $10K-$15K improving the back yard to the lake (20ft. bulkhead, 12ft x 30ft deck, covered patio with natural gas grill).Here are MY numbers ( I need to buy the property for about $60k-$70K)Buy for $60K, rehab for $60K in $120k sell for $180K-$199K!

@Luc Boiron The well is on the back patio, so the concrete is graded away from the house.

Also, if that ramp has a full slab under it (which it shouldn't but I can't tell from the photos) you may be able to get creative and use that as a patio or planter for larger foliage.

The gutter has three patches and the cement patio pad is leaning towards the house making it a huge catch pan for the rain.

It's a 4bd 2.5 bath, 3900sqft SFR and the appraiser used patio homes as comps because that was the only way he could get an end result that low.

The condensation that happened because of the large area of the plastic mat makes perfect sense. 

Cooling window ac, while report say central.4 homes used for comp also has 25% more lot, our home has lot 3k, while home to compare has lot 4500.5. our home has no deck, patio ,but it's mentioned in appraisal.6. as per home inspection report roof is gone (37 years old) should be replaced asap, while home appraisal report says 20 years life remaining.Actually, Realtor noticed that we are less interested, so he told us that you will be happy to see appraisal report.What should we do?

Yes, always check first that the fuel source is not disconnected (or too low if oil or propane).Another odd one can happen on the high efficiency direct vented units; with those, on a windy day, things like loose paper or plastic bags can blow within close enough proximity to the air intake pipe, and then get sucked into the intake pipe and blocking the opening.

I will use this info to better calculate potential profit on future houses we consider for flipping.SCOPE: new floors, cabinets, countertops (quartz), 8ft island with butcher block and prep sink, relocate powder room, add laundry room w/ stacked washer/dryer, new driveway, new vinyl siding (removed brick facade on front of house), new furnace/ac, paint throughout, carpet bedrooms, minor updates in bathroom, new front windows, new roof, update fire places, new appliance suite, fixtures, new lighting, updated electrical, some gutter and drainage work, new concrete patio to replace existing pavers.I drew this floor plan using MS Visio.