We categorize the problems into two groups:Deal Killers (or Deep Discounts): These include complete system failures, such as needing a new well or septic system, which significantly impact the bottom line.Deal Modifiers (or Small Repairs): These are minor repairs like hydrojetting the drain field, installing a new riser, repairing baffles, or replacing pumps/tanks, which can leverage a lower offer.Step 3: Making the Final OfferWe make our final offer only after a full system evaluation with remedies.

You'll want 20k in reserves for holding costs and any misc. costs and you do not want to drain your capital down to 0.I think the max entry point for you on a house that needs work is 150k - 175k. 

(see photos)There is a floor drain on the other side of the 2x6 wall(about 10 feet). so i would just need to tie it into this I am budgeting 20K for a brand new plumbing system for the whole house already since there is not anything in the house currently.The basement floor is already ripped out and down to dirt.

If a downturn happens and rents go down 15% as well as occupancy, can the investment weather the storm for a few years or will it go back to the bank, with your money being flushed down the drain?

Making a quick decision, I realized that the drain line was disconnected and I connected it back and started to clean up the water.

Do the toilets inside flush without any blockage if you pour a bucket of water into the toilet, same for the sinks and any floor drains,?

Visits by service folks were for a clogged shower drain ($75), a problem with the fridge (user error, $75) and replace a broken toilet seat (free, boyfriend of cleaner knocked it out.

If you are looking at adding a bathroom, try your best to locate the new bathroom as close as possible to an existing plumbing/drain source (either the kitchen, or to another bathroom).  

Do these drain to city sewers?

Because in reality, by not hiring a property manager, and committing to doing the easier things myself--like unclogging a toilet / shower drain, fixing a light bulb, pest control, calling a plumber--I am committing to be on standby for many hours, which is a sacrifice of peace of mind / being able to leave town or take vacations--and I would like to know if it's worth it.