i don't recommend buying a random property in a random midwest state for $118K that looks great but actually needs a new furnace, a new roof and a new sewer line, and will crush you with capex and make you sad.hope that helps. 

Unfortunately, there was a stop work order in place on the property, which the roofing contractor was told by BTC was resolved.  

Had to put a new roof, HVAC, and finish the basement.

Let’s say just a roof repair and a little bit of dry wall and paint and replacing some door jams and baseboards.

You can get some estimates from contractors for what they charge for big ticket items like to renovate a bathroom, renovate a kitchen, replace the furnace, replace the roof, etc.All wholesale deals should have free and clear title and you should be able to see the sales agreement before submitting the earnest money deposit.

For example, we replace marginal roofs, rip out all the old galvanized plumbing because it saves me a lot over the long run.

If rates come down at all I predict we’ll be back in a strong sellers market (competitive offers, steep appreciation etc) because inventory is still low. 

The solar system adds no value to my property for rental purposes, and I may even be ripping up the roof & replacing it in the new year.Beyond sending a nasty letter through my attorney via certified mail, demanding the company come pick up their equipment, am I required to take any further action or fulfill any obligations regarding these contracts?

Learn how to properly assess and QC the excavation and foundation phase, framing, roofing, siding, windows, etc.

Whether it is a single family home or a 4 plex, it is still one sewer line, one roof, one gardener bill, one tree trimming, etc. that cost the same no matter what.Best of luck!