My name is Will Stanton, I currently am pursuing a computer engineering degree here in Santa Barbara.

If it is and it's valid and can be used by a buyer I'd say it goes with the lot, use it in negotiations, but you're probably not going to sell it so to speak you just let the original go with the lot.....and the engineer may need to agree I would think.

My name is Matt and I am a mechanical engineer by trade who is new to the real estate investing world.

Engineering was better.Economic life will be greater with an 80s, since we aren't talking deferred maintenance.

I am currently in college pursuing a career as a mechanical engineer, thinking of going into oil (but not set on that part just yet!)

About the only phone apps that I use are yahoo-email, an HP48 calculator app (it's RPN - and I'm fully aware that most of you under 40's people won't even know what RPN stands for, especially if you're not an engineer), youmail voicemail, a flashlight app, weather and radar apps, and my phone's standard navigator app and camera app.By the way, the HP48 app is free and it's an exact copy of my actual HP48 calculator that I bought more than 10 years ago for >$100.

And I am contract aerospace engineer.

I'm still going to school for mechanical engineering, currently doing an internship over the summer, but I've wanted to get into real estate investing since high school.

You might want to call an engineer that does phase one's for guidance and to learn exposure liability and worse case scenario and costs to fix.No legal advice.

Needs: New roof; possible foundation work (needs engineers report); possible plumbing work (old copper pipes); possible HVAC (has gas central heat and window ACs, would need central air, but seller may be in the process of updating) complete indoor rehab including floors; counters; light fixtures, refinishing cabinets; painting or otherwise fixing wood paneling.