We also have to upgrade the electrical panel and put on a new roof.

Thanks for any inputHi Nick, To add to this discussion, anything that is high dollar, such as utilities so plumbing, electrical panels, HVAC, anything structural, windows can get really expensive.

You have to install sprinklers, rain barrels, and solar panels.  

I am putting GFCI outlets at the head of each circuit and I updated the panel with new guts.You can use 3 prong outlets on a 2 wire system with GFCI's if you use the little stickers that come with the GFCI outlets.

-over-fused, poorly labelled electrical panel. several ungrounded outlets.

I go to FIBI (For Investor By Investor) meetings and they have a house flipping panel a few times a year and the real pros who claim they flip 5 to 10 homes per month tell horror stories about their projects that fail.

You could have galvanize plumbing, asbestos, knob and tube wiring,termites, roof leaks, water main or sewer issues going from building to street, undersized electrical panels,etc.

UCCs are typically not liens against real property but rather personal property such as solar panels.

you want to know these things- high ceiling it's a drop, regular type ceiling it is flush or small drop), some sort of pendant light for the breakfast area, flat flush mount light for the kitchen area (not the over the sink light), new 6 panel doors unless you are going retro in which case it is usually better to stay flat doors, etc...

I've put together a (3) Broker panel to discuss the Spring Market at our March 31 meeting to give members "yardsticks" they can use to decide Market direction for themselves.