There is a little headline risk with Caterpillar, but if I was looking to invest in inexpensive homes, I would at least look.

If it isnt suitable for stain you could inexpensively recarpet.

I have read a couple of articles that bemoan that homeowners in expensive locales will suffer, however little to no impact to less pricey areas and a net probable boost to landlords.Live in flips will certainly be less profitable if the capital gains exemption increase from two to five years! 

Other issue can be corrected relatively inexpensively compared to a septic problem.

I have fronted 150k in expenses.  

@Nick Thomas if the only thing you have is just pictures then you have not much, and therefore the safest assumption you can make is that you will be doing a gut rehab.Also cheap is not inexpensive, and the cheaper they are, the more money you will put into the rehab.What I do to estimate rehab costs remotely is to have my (local to the property) realtor walk the property with me on FaceTime and I record the video.  

I say I can get a double out this because of the price point of purchase coupled with increased NOI and some other fixes in expenses.

They seem inexpensive but not sure if that is what I would want as they may be less secure for larger storms.I know I am asking a lot of questions so I appreciate any help you guys can give to a new investor!

Whether you're gutting or just updating I would just go with inexpensive fixtures and materials.

Hi!So I am looking at getting a duplex for my first rental property (living in one unit and renting the other). If you look at my other post, it'll pretty much describe that in the Greater Seattle Area that housing is...