Of course, there are always other factors to consider i.e. cracked foundations, cost for deferred maintenance, cost to rehab if everything the kitchens and bathrooms were built in the 1940's, etc.

After inspections we found the property needs $27k in foundation repairs.

Came across a simple foundation issue that got quoted at 5K and needed some additional insulation in the attic with minor basic updating throughout.

After the removal of the wall, we found extensive foundation failures that will cost $30k or more to remedy. 

This 2nd chapter explains concepts such as having a strong financial foundation, budgeting, how net worth is established as well as total profit.

Highly suggest it for starting with a good foundation.

Between a boat load of home depot receipts, financing paper work for foundation work and leases for each tenant, my paper files are starting to look like a mess. 

First the home is excavated around the house to allow for holes to be made in your current foundation, then the steel beams are placed in these spots.

All new plumbing, foundation and electrical What made you interested in investing in this type of deal?

It is a MUST read to get a good foundation, but this is over two years old now.