Hi all! We are considering an out of state investment property and the agent disclosed that there was a foundation structural inspection that shows cracks in the brick veneer and foundation wall. The inspector recomme...

Thanks for the shout out @Tim Swierczek :-) @Kevin Milton I'd think even if the listing agent would love to triple dip on commissions, the sale of your home contingency would be a deal-breaker for a popular duplex in this market.

The fridge went into an existing single circuit to the panel.Yet on improving egress & fire safety etc throughout the building we had to get a commercial architect involved.

Scope of Work: Contractor is responsible for purchasing and installing all wiring, circuits, junctions, & devices, unless otherwise noted.

So your property should be attractive enough to them because on the brokerage side it will not be a deal breaker.

Ideally he or she would be in Somerset or Hunterdon Counties but it's not a deal breaker if they're from elsewhere.Thank youFrank

Appraisers give an extra garage spot about $15,000 in value, so while it's not nothing, it shouldn't be a deal breaker. 

The things that you want to watch out for are: 1) knob and tube electrical systems and electrical panels with glass fuses instead of breakers (most insurance companies will make you replace these or won't insure you at all). 2) Cast iron drain lines and galvanized supply lines- these tend to corrode from the inside out.

what are some for sure red flag items/repairs that you would stay away from. We rescinded an offer on a different property because it need new roof, new water heater, new furnace, new electrical wiring, there was some...

I once owned an older triplex, didn't have enough electrical power to the kitchen, circuit breakers would trip if more than one appliance is turned on, so I added an additional line, and see no logic to charge the tenant since they can't take the improvement with them.