One of my wife's uncles was in charge of one of the properties which is zoned for commercial/residential, it is a 1708 Sqf office space/small warehouse on .36 acre lot.Which with some research it can be split into 2 lots.He let the property go to the dump, needs a new metal roof, and gutted, replace plumbing/bathroom, replace electrical etc...Now my wife’s Aunt is in charge of the estate and she was the one who approached me.She said they will "sell" me the property for $30K (estimates from Real estate agent say property is worth $43-$53K in current condition) Which then I could clean the property up and try to resell with the improvements.Now if I did replace the roof make the inside look nice and clean the overgrown landscaping I was told (real estate agent) it could get about $60K, but there are back taxes and liens on the property as well.Plus closing cost for when I sell it, I have run the numbers and it seems that I would MAYBE make $3000-$9000 conservatively.But I am real concerned over the fact that it is used as an office/commercial, and wouldn't this limit buyers?

@Danny N.We waived it because we were told in all of our 'classes' that we should waive the inspection because but replace it with some sort of due diligence clause.

Also, I have the furnace and a/c units cleaned/inspected annually as well (at different times), since those are big ticket items to replace.

Hello, I am In need of someone who is a professional with Sheetrock replacement.

@Max Reznik- I don't have a target number of properties or units, but would like to replace my husband's income so that he can do something he likes more.  

Then you have the chance your local bldg codes will require upper floor egress sizing (triggered simply by the window replacements). 

I've got a home warranty for a year from the seller, but I'm aware that I'm going to have to replace a couple of big pieces within the next few years as the house is now 20 years old.  

My tenant broke the bathroom faucet (high-end Kohler) 4 months into the lease.  Is this considered outside the realm of wear and tear?  Minor repairs are the tenants responsibility but I want control over what is inst...

Sometimes, in the long run,  it's cheaper to replace something, rather than fixing it. 

Gets back her money in about 2 years on the replacement trailer.