Chances are really high for a property of this value that aluminum wiring could blow up your sale and end up costing you more interest and market time.When your $1.1M buyer brings his inspector in and finds all new wiring and a new panel, it's going to be way better than if the inspector is educating the buyer about the pitfalls of aluminum wiring. 

https://www.har.com/content/newsroom/Houston Real Estate Highlights in May Single-family home sales rose 2.8 percent year-over-year, with 8,346 units sold, marking the fourth consecutive month of positive sales;On a year-to-date basis, single-family home sales are 2.7 percent ahead of 2018’s record pace;Days on Market (DOM) for single-family homes was flat at 53 days;Total property sales increased 3.1 percent, with 9,948 units sold;Total dollar volume jumped 7.8 percent to slightly more than $3 billion;The single-family home median price rose 2.4 percent to $249,993, achieving an all-time high;The single-family home average price was up 5.8 percent to $323,023 – also a record high;Single-family homes months of inventory reached a 4.2-months supply, up from 3.9 months last May and the most plentiful level since August 2017.

I'm a first time investor, and I'm looking at a fourplex with the following numbers:- Purchase Price - $175,000 (includes $15,000 in cash back referenced below) - Monthly Rent - $2,125- Monthly Cash Flow - $1,158- Cash on Cash ROI - 28.5%There are a few minor repairs (replace a water heater, fix flooring, etc.) that I'll need to take care of (~$5K).The main issue with the house is the electricity is not up to code (includes replacing the fuse box, FPE brand electrical panel and rewiring).

Yes, sometimes realtors are just flat out lazy and don't want to put in the work.

always..We rented our recently vacant (May 20th) SFH to a veterinarian before we painted the entire home, rehabbed the bathroom, fixed the basement wall leak installed all new sump pumps, ancillary plumbing & 15ft of new  basement wall panelling. 

@Mark Miles, here is a statement off ClearBanc's site:Clearbanc charges a small flat fee on our capital that ranges from 6% - 12.5% depending on how you spend the funds.

Find stainless steel tables/carts/shelves to fill the empty spaces, and add a stainless backsplash panel thingy where the hole in the wall is.

In order to accomplish this we are moving the electrical panel that is on that wall to another location inside the house.

I saw a nice property that I want to flip (in NJ). this property has solar panels on the roof which I plan to remove (house needs new roof). the property is sold in an as is condition (short sale). 

This is why when I started our property management company, I only do a flat management fee instead of a percentage.