I know some of you may have just wrinkled your nose and said what in the world can you get for under $100k in CT anyway, but it might surprise some to hear that there are some pretty good markets in CT to do that, and do that in pretty much move in condition.

@Odie Ayaga you hit the nail right on the nose!

Hi everyone and thank you in advance for any advice you may have.I have a situation where I purchase a house 6 month's ago for a family member,my daughter,to move into.I applied for and received permits to do construction repairs to the property.Since the house was purchased by me for a family member,I as the homeowner was able to pull the needed permits.I am not a licensed contractor.The permits were for scope of work/general repairs and minor electrical repairs.In my state of South Carolina if an owner pulls permits on second homes or investment properties,you are not allowed to sell or rent the property for two years.Well do to unforeseen circumstances,illness in family,my daughter can not move in and I will need to list the house for sell.It will cause me some financial problems if I try to keep it.The majority of the repairs have been done but are not complete.I need to sell the house in unfinished as is condition.My question is has anyone dealt with open permits when selling a property.The permits are with the County of Charleston and they have always had a hard nosed attitude about generating revenue.I know the most obvious answer will be to call the building dept. and find out what to do,but just wanted to get a heads up before I do from anyone who may have had a similar experience.Thank you....

But people seem to turn their nose up to it these days.  

I would just keep your nose to the ground and search hard for the right property.

Boiler/Chiller - hell noThey leak, burst, cause mold, cost through the nose to run and repair.  

Lucas, long time no see!

Passive income is always a pass through - no SE taxes paid.C.  

Tacoma to Olympia has a lot of multi-family between that would skew your comparisons; however, there are some transactions that fit within them as well.A couple months ago I brokered a fractured 46 unit conversion at $35,000 a door in Lakewood, which frankly I hadn’t anticipated trading that high.

Starting out, it was about making money, further in when things become stable you get the freedom of time but the nose is still to the grind stone.