I'm new to bigger pockets and new to realestate investing and I have a Question about foundation, I have a property under contract right now that's in a great area and it has a great Arv and a low price but the only major problem is that the peir and beam foundation has dry rot on alot of the subfloors of the bed rooms and alot of the floor joists are broken and the beams are in pretty bad shape it's an older 1955 house so I'm thinking this SFH may turn out to be a money pit if I end up closing , I got a quote from a contractor in my area of 17k to jack up the house and fix everything I thought that price might be pretty high but at the moment Im searching for other quotes and my Question Is what's a typical price range for foundation work ?

Found the wood in the trim/moulding section in Lowes and it wasn't visible to the casual viewer unless they got down and looked up under the counter overhang.Next I tackled a really bad caulk job behind the sink and there I found evidence of dry rot that the caulk was covering.

But, a quick drive down the google street view and it looks like everybody is either working from the sidewalk or inspecting the patios for signs of rot.  

In addition to what has previously been mentioned, the fixtures may have dry rotted O-rings.  

All new Ikea kitchens and appliances, upgraded electrical, added a bedroom, floors sanded or replaced, bathrooms gutted for minor rot, popcorn ceiling scraped, floor plan opened, some drywall, and paint.

Ive just seen too many times when mold and rot and shoddy practices have blown up a budget and if everything is demo'd theres no going back and makes revising the plan near impossible.

Due to some incorrectly installed windows/poor grade/foundation cracks the units have taken in some water which has rotted some of the framing(baseplates/studs).  

Without question, go with a stainless steel sink....SELF rimming (not with the separate trim ring) and be sure to caulk it well, all the way around to prevent water to seep back under the edge and delaminate (or rot) the cut edge of the countertop.

Hi everyone, I am working on a rehab-to-rent in North Carolina that has some crawlspace moisture and wood rot issues.

Because within the first 2 years of buying these properties I had roofs, HVAC, electrical panels ($2000), moldy bathrooms ($3000), rotting tree removal ($1100),  make ready whenever there is turnover (as much as $1500) ,toilets ($600), etc...so many capex or maintenance costs it has wiped more than a year's worth cash flow easily in some properties.REALITY CHECK: Cash flow sucks.