Looking forward to learning from this community and hopefully contributing as I gain experience.Let’s connect!

.✅ Start demo—this means ripping out finishes (cabinets, flooring, tile, trim), not knocking down walls unless absolutely necessary.✅ Clear the site—haul off junk, trim trees, and clean up the yard so you can actually see what you’re working with.Get this step right, and everything else will go a lot smoother.

Do you consider worst case scenario and base your potential offer based on this? 

So for example I'm very conservative and don't want any debt on them because I feel this hardens them in case of a severe recession.

This is like we stepped into the middle of a conversation...

Check out this short post about why a Phase 1 Environmental Assessment is important and what to watch out for as a Real Estate Investor, Developer, Rehabber, etc.

Why are you losing money just to keep this guy?

What made you interested in investing in this type of deal?

@Chris Seveney - Chris I know you know this, but sharing this for a lot of less experienced investors out there. 

If you're looking to maximize returns and uncover less-trodden paths, this post is for you.1.