Super helpful, Stuart.

Hey everyone, I realize it's been a super long time.

Super great reply might I add, I didn’t pursue this strategy myself because I did not want to be in the middle of any potential roommate drama!

I'm super excited to jump in!

In our area we do not have slabs so replacing pipe in a crawl is pretty easy.. and for sure just digging up water line in the yard is super simple

The chances are super low that a HELOC will make sense on this property anyway with today’s rates, if you can even get one which is unlikely, so it’s basically a moot point IMO. 

That's super affordable for me and would be amazing!

Super unusual for me to see this, but I do see ones that are posted every month for a year or two. 

Although instead of knowing about roofs and rehab.. land folks need to know about:Zoningwhere is the power  is there internethow deep are the wells or is its an area that water is super toughDoes it perc. and or how expensive are septic systems.Wetlands Etc.Now if you target land with all city services then its just dead simple.. figure out the retail value and buy below it and do your flip..

The units all have tri-paint jobs with ceiling paint, a nice wall color and super-white glossy trim on everything else.