I'm a buy/hold investor and rehabber, and I just "hand shook" on a deal to restore my brother's property and help him rebuild his retirement income/legacy to his children.

I'm currently looking for properties in the Knoxville area, and I'm looking forward to working with and the opportunity to learn from  the motivated cash buyers and investors in the area to help rebuild and revitalize our communities across the greater Knoxville area and hopefully the United States.Thank you

A full gut would entail more complicated electrical, plumbing, and structural work, and you'd basically be rebuilding from scratch, starting from the studs.My personal recommendation would be to stay away from anything with severe foundation issues, and also make sure you understand the condition of all the big ticket items such as the roof, HVAC, water heater, and electrical/plumbing systems before making an offer.

Buy 50% below re-build, with value pegged on income. 

I am also rebuilding my credit so I can one day land a solid line of credit to invest so traditional sources are going to be tough right now and I don't know a lot of folk with private money that I can ask to invest.I am primarily looking at duplexes, 2 income streams, one mortgage which usually means a faster pay off.

Have a property under contract that most likely will be a rip down and rebuild.

Were u able to rebuild?

I also try not to rebuild as there are too many unknowns.

(Now we just hope we get time to rebuild those funds before the next thing crashes!)

In addition to those items, we fully updated the baths, all the flooring, rebuild the backyard deck (no pic), sheetrocked over the wood ceilings, tile everything else, etc.