Look for signs of structural damage, mold, and pest infestations.

We learned fairly quickly that a home this age comes with a lot of liabilities, being badly insulated, more prone to animal infestations (palmetto bugs, bats, squirrels, etc).

They will then come out for any other issues like a hornets nest or an infestation that needs treatment at no additional cost.

No structural no foundation repairs, no termite infestation or other insect infestations, no mold remediation, no roof replacement, no septic).

It had one of the worst insect and roach infestations we have ever seen.

It had one of the worst insect and roach infestations we have ever seen.

It is in Mexico, so presale has a high probability of failure (developer runs away with the $$), and who would want to stay 20 minutes from the beach in a mosquito-infested jungle with no AC ?

It is not an infestation. 

Best bet to investors is 43613 and anything along the Ohio side of the Michigan line into Sylvania and beyond. 43606 is Toledo Public but lots of businesses there around the hospital, 43607 is Toledo Public but gets good rapidly east of it (other side of Holland Sylvania road on that map). 43609 is gang infested warzone and I would highly recommend staying away.

You won’t own yours long enough if it’s a flip to have continued service but the last thing you want is to sell it and then the new owners suddenly have a roach infestation and they trash your reputation all over social media harming your ability to sell your next projects for top dollar.