Just like a spec builder who buys a lot, builds a home then tries to sell it for more than it cost, a spec remodeler does the same thing with an existing house.

They also signed a disclosure that it was not guaranteed but that it was my honest opinion, And up to the time I moved my main office to Contra Costa County it never failed.As for the Chinese population selling off, well I had a ton of Chinese clients, they were just showing up on my doorstep saying I was recommended.

They might cost a little bit more, but they will go in and get the job done very quickly, with no supervision required on your part.

That is all anecdotal stories so I have no first hand knowledge, but I do attend CES and it can cost a ton so it is possible.Otherwise, like everyone has said, pass and get your own place!

The only major issue I see is that he has had many major expenses last year due to a plumbing issue from the cast iron pipes that caused one unit to be down for a very long time and did cost a lot of money to fix.

But, yeah, you should probably keep talking to contractors.A structural engineer will be able to tell you all these things, but they cost a lot of money.

.~ The flips always cost more $ and time than I thought, which cut into my profit tremendously~ I didn't manage contractors very well (A lot of $ was wasted and stolen)~ Inspection responses cost a lot of $ ~ FHA has the 90 Day rule (an FHA Buyer can't get a loan until you own the home for 90 Days, again this was more time into the project and more $)~ I only wanted to go to these properties like 3 times during the whole rehab process, but I found myself going there about a dozen times per project.

I didn't realize it cost a bit to get it advertised on there.

I would do a lot of research on what certain things cost in your area to rehab such as floors, paint, kitchen etc. that way you can get a ball park figure on what rehab may cost. A

Eric Costa it would be my opinion to take the money on a property as needed.