Also the hot water tanks are electric.

For example, this house doesn't allow for water to drain away from the house, but rather runs toward it and pools up along exterior walls.

We all find ways to to put off taking that plunge into the icy stream of fast running water. 

I've got a foreclosure house that I need a contractor that have experience dealing with water damage repairs in Plano, TX .

What are my rights under this kind of situation im told when i can and cant shower cause it interfers with niece water pressure.  

It's super easy to install (can easily do it yourself), water resistant (We didn't want carpet), and looks really good. 

For example if you can but a house for (real example of one that I bought in May) $19,000, with owner financing none the less, paying out $549 PITI w water and sewage in that number, and you can rent it for $850 per month, then you have positive cash flow. 

As to your first question - I like option 1- let the firemen burn it down and start fresh -it just sounds fun. 

I don't necessarily agree with going only SFH if you want to get into commercial, but there are a lot better ways to test the water.  

Using my homemade calculator (copied from BP calculator) and your expense inputs (assuming no property management fees, and renters pay water, sewer and trash and zero fix up cost, 20% down) and the assumption you are trying achieve a 10% cap rate, I come up with the exact same  max offer - $109,200.