If you're more than a foot above the flood plain, most of your cost issues can be gone, not saying you still can't be flooded.

In addition if its, a good deal at 145k or even 147.5k then just put your best foot forward if it is the right property.

Normally, you can find it for $0.79/square foot.

You should definitely have your title company, lender, escrow company, construction company, as much as you possibly can in place before getting a house under contract.I hope I provided you some help.....Don't want to stick my foot in my mouth because again....laws vary by state.

If you are an investor in LA with multiple properties (not just buying a personal home), having to spend (or set aside) an extra $2500 to $3000 per investment/unit every month and for years (or however your holding period is), because rental income was insufficient on each of the multiple rentals can become a problem.The LA market is the way it is due to forces of demand and supply and what some spend $300,000 or almost $400,000 on in LA, some in many areas wouldn't touch with a 10 foot pole.

3,700 square feet, five bedroom and four bathroom, huge kitchen and living area at the end of a cul de sac on a 10,000 square foot lot and if you know anything about Las Vegas, its a big lot.

Is this footing to what you have?

Maybe get my foot in the door.  

I just wanted to start on the right foot.

So, if it is a cash transaction closing within 2 weeks a rush is required, so the seller would be stuck footing the $1800 bill.