In the end, I think it would take so much time to manage this property that I'd likely be buying myself a full-time job rather than an investement.

That being said, a sale of the property would, in effect, make the owner ineligible for Medicade until the proceeds are exhausted.

NEVER buy a rental property you can't drive to in less than an hour.

That said, I'm not afraid to put in backbreaking or mentally exhausting work, and I would love to be pointed in the right direction, whether for mentorship or networking.

Gas flue isn't sloped correctly for combustion air to exhaust properly Remove debris from ductwork (brick/ mirror chucks, etc. seen when vents were removed) which prevented air from circulating.

In addition it exhausted us, because when we werent working we were thee painting.Most importantly, it took time away from working on our business because we wee so busy working in our business.

Its exhausting…..6.

Without boring you with a ton of details, I began a renovation on a mostly occupied building, with a fairly educated budget, an arsenal of tools that would make Bob Vila jealous, a 360lb back squat max, and a belly full of piss and vinegar.  4 months later I am crabby, exhausted, carrying some credit card debt, consuming espresso like water, and just want to lay in a hammock for 3 days and drink myself to sleep until its time to lift weights again, and think about a better way to live.

ok i understand the viewpoints on these ideas. i know that i CAN'T look at all propertys and certianly only a small percentage are going to be even feasable to make an offer. i want to let a property owner that thier price is to much for an investor without putting a set number in their head without haveing to go through all the nitty gritty, looking at the house, getting hopes up and wasteing time. essentially i think the best email would read as:While looking at some comparable propterties I see that the price you have set is much higher than an investor (I) would be able to pay and still make the property worthwhile.

I'm sure you already knew this and have probably exhausted those sources.There are conventional lenders that we use a brokers who have rehab programs but these can be tough to get done.