there is a difference in negativity and reality.. that's all I am pointing out.. full blown rehab construction is fraught with Risk.. we deal with it every day.. even new builds guys make boo boo's  I walked in one of our new builds same floor plan we had built numerous times and the window is too low won't pass inspection.. cut it out.. cut out siding replace replace siding patch the dry wall re paint.. etc etc.The other major thing is that rehab contractors are not new build subs.. your subbing each trade out .. your rehab contractor is usually a different breed and one that can actually run a whole job for you is usually doing work for owner occs and  charging for it.. what YOU need to pay to make a profit brings you down to the guys and gals that need utmost supervision..  

You could 20 year shingles up there and you could be on your 15 year and they could last another 15 years with a little patching.

A fellow investor named Vern Darlington, who will probably comment here eventually, hosts a great (free) meetup at the Cotton Patch in temple.

For example you can hire an electrician to re-wire the 2nd floor of the house and they will do that and even patch the walls, but why pay an electrician to patch the walls.

But does need carpet throughout and sheet rock patching and painting. 

If its XP you really should get off that because Microsoft has stopped issuing patches and there is a very real risk of being hacked.If you're using an old Internet Explorer (or any version, for that matter) try a different browser. 

And then a couple days to patch the problem as cheaply as possible while billing you the deductible.  

If the problem is fixed as opposed to simply patched over then there is no reason not to buy. 

Asking: $349KOffer: $349KRehab: $50-$60KThinking of using Patch of Land, they offered 10% with 2.5 points for a loan on 80% of purchase price and 100% of reno costs over a 12 month term.

There was electrical work done but the holes and walls aren't patched up so you can see the work the electrician has done.