Adding stairs is something we’d like to do regardless because the laundry hook up is in the basement and we don’t want to have to run outside during winter with clothes to do our laundry!

The problem I'm running into is the website just states how much the property was brought for.

I'm a local business owner of a company that I turned profitable after the first year running it (the family biz).

To start we think it would be best to do a rehab, but we are running into a few roadblocks.

I'm a member of Capital REI, which is run by @Roger Lin, @Justin Pierce, and @John Rubino.

For septic you can register with the Texas PUC to pass through sewer charges based on the tenants water usage so all is not lost recovering the run & maintain charges.

I told him they work if you work at it just like a marriage and you don't run out and take just anyone for a partner  but look around and find that person that understands you and you understand them. 

Your looking at a blended cost of capital around 24%.When I run my hedge fund, we get a blended cost of capital of less than 5% using a credit facility/warehouse line based on Libor at 3.25% currently blended with the targe returns of the fund at 8% (10% to 11% if interest is compounded).

Has anyone run into a situation where it was a typo or a mistake on the site?

Of course as the others have said you must run a credit check and see what their rental history has been as well.