Listed at $209,000 was able to negotiate down to $176,000.Plan to total gut and give this old beauty a 2025 face lift!!

Rehab our goal is $100,000 but budgeted $120,000 because it’s a full gut.4.

I'm pretty concerned to get into this now as Project 2025 is pretty clear about gutting HUD and many social services- the program may be greatly reduced during Trump's term, hard to say.

We did a 100% gut/rehab on a 1950's house in 2018 and converted it to a duplex, turned out beautiful, salvaged the original wood floors in parts of the house, put good LVP in the rest, simple plastic mini blinds on every window.

My gut reaction would be that price is high (granted I don’t know the area at all).But if it has been sitting on the market- which it was listed in 2023 for close to $200k less and did not sell my guess is price is the factor - while offering owner finance - it’s only good if it could still provide great cash flow while not overpaying.

My gut says you probably want/need separate policies for the different entities at the very least - the purpose of having them is to keep things separate in case of a lawsuit, so combining insurance would pierce the veil and allow someone to come after everything. 

It requires guts and determination and dedication and a lot of time. 

I suspect your gut instinct is spot on.

I have little issue purchasing investment properties, but have zero reasonable finance options on OO.Picture is of the gutted kitchen.I wish everyone accomplishes their goals related to their children.  

I've been reading a lot to understand where to start in my investing journey and I felt unsure why I was so uneasy with this deal, thank you for the gut check.to answer your questions:1.