Debris was everywhere...graffiti and holes were all in the sheetrock in the living room...the A/C, water heater, furnace and plumbing are gone...the walls in the bathrom were destroyed...and the carpet was beyond restoration.9) The roof, foundstion and frame were still sound...not sure about the electrical aspect, though.10) I spoke to several REI folks here in Dallas about this and they were of the consensus that I take over that company and either rehab the house of flip it.

I am a licensed Plumbing Contractor Looking for more business in Orange County, CA.

So we have to have them DE-winterize it before we can do an inspection on the plumbing.

Installation of one or two interior doors, one from the bedroom, one from the bath, to another (the same)room, water timer added to shower plumbing, as well maybe as heater for that bathroom, and possibly some outside outlets for use near a pool, building a soundproof box to house these darn noisy refrigerators and provide some pantry space in kitchen.

When you buy a piece of investment real estate, you are not buying lumber, brick, wiring, plumbing and a green lawn, you are buying an INCOME STREAM.

I'm going to be replacing all the fixtures, will probably be replacing the cabinets, and have no issue replacing the plumbing for well below retail cost, so if someone wants to take all that stuff out beforehand, I should be able to pick up the house for even less!

On the other hand, I would never let a tenant do plumbing, electrical, roofing, etc.. repair.

It's a great house and after working on it all Winter and Spring, we hope to move into it ourselves, with new doors and a new kitchen and laundry room...and of course, new plumbing.

There is new plumbing from the main line to the street.

Plumbing, electrical, heating, and air conditioning systems 4.