Check roof, termites, mold, heating system...

Sooner or later, you'll need a new roof.  

Most would agree that one of the most difficult aspects of investing is finding a reliable contractor.  

It is a good community to network and learn about all aspects of real-estate investing.

Make sure they replace furnace, roof and hotwater tank. 

Would I be able to do my own roof, tile floor, move a wall......

The seller is offering 50% financing Details below...ARV: $460-470K          2800 Sqft.Repairs: Roof, Painting, remodeling of bathrooms and kitchen 35-45K Selling Price $310KSeller Financing $150K No interest 12 months Term: 10 years at 6%Cash 150KTaxes: $7800/yrI'm looking to wholesale it at the $310K priceLet me know if looks like a good deal?

It is a good community to network and learn about all aspects of real-estate investing.

.- It has been for over 60 days in the market- Bank lowered the price just yesterday- Comps from Zillow (similar sold houses) are all above 80K- Area does not seem great, that's why I'm mostly looking at selling it, not holding to it.Findings from listing agent:- It needs AC/heat unit- No idea of when the roof was replaced but it does not have signs of leaks- It might need some work inside, seems to have been a day-care before.

Note also that this extends to the roof, so any attic spaces also need to be rated.Here, there are some other requirements (read: expenses) if you're making a legal 3rd unit, but I don't know your city codes there.