I believe the first step is to have an engineer come up with plans and drawings, but I'm hesitant to go that route ($4k) until I have a better sense of what my cost might be for the rehab to code.I agree with the other posts that the contractors bid is high.

I have a bachelors in engineering and a masters in business.

You could submit pictures, contractor estimates, engineering opinions with your offer.

But, no sales pitch - I'll just tell you my experience as brief as I can.I'm a software engineer, not a Real Estate guy.

If I get a PRO Basic account can I move this thread to an area that can't be search engine searched via my name?

Started as an Industrial Engineer with an MBA until a down Detroit market and family obligations forced a 10 yr hiatus and a move to the Pittsburgh area.

I am currently working in a structural engineering firm in South Boston.I don't have the assets of my own to play with right now (young growing family and all that) so my slowly evolving business plan is to start with flipping to raise short term capital to be able to get into an owner occupied multi-family and then to develop a rental portfolio.To be honest there is a degree of fear that goes into diving into something as big as this and I appreciate all the information that is available right here on BP.

Owning an appreciating asset which is also providing high yearly returns is what Real Estate is all about.Movoto.com has a pretty great statistics graph engine.

A town engineer initially said the water would flow into a ditch elsewhere on Kieffer property.

I have been involved in construction, framing homes, and now I am a Civil Engineer and Project Manager investing on the side with one rental.Just wanted to tell everyone hi and looking to network in the Utah area.