In addition, it had a full gut with all-new plumbing, electricity, HVAC, etc... the renovation cost 250K+All projects were done remotely with a back-and-forth arrival to the states.

Couple of corners not to cut:1. roof2. electrical 3. plumbing 4.

Whether you’re looking for off-grid living, investment property, or future development, land sales in this area can be a lucrative option.Types of Land: Fairbanks has a variety of land types available, from raw, undeveloped lots to partially improved properties with utilities like electricity or water access.

The inspection also pointed out that the fungi growth should be checked once drywall is removed.I am concerned about mice infestation and likely damage to electrical wires and wood because of that.

I feel like it can be costly on utilities but the tenants are responsible for water and electricity anyways.

For example, electrical is original from 1960, there is no central AC - heating it through baseboard heaters

But I think they'd be around $4,800 (conservative estimate).Seller is also claiming there are no common electricity at all- which is hard to believe, considering there's common gas, water and sewer. and most likely a common area electricity.

For instance, one property seems to have an extra bathroom that is not listed in the county records.I plan to make some modifications, including removing a closet wall to expand a bathroom and taking out a kitchen island that contains electrical outlets and a switch.

Based on not having water, roads, etc. you could still do a tiny home or RV space there if you put in electrical hookups and a septic tank.

If you can get a heat pump and not have to upgrade your electrical panel or service to do this, that might be a cheaper option.