Plumbing, electrical, heating, and air conditioning systems 4.

Doors, windows, electric outlets and switches, plumbing, etc.

Plumbing replacement more than 18 inches must have a plumber.

Unless there is visible damage (ex: fire OR flood) to the electrical, hvac, plumbing systems or structural integrity, I am required to use licensed professionals for evaluation when damage is suspected.

Of course I would check back in.I learn so much for FREE from people here.Good news is I found a retired plumber working at a major box home store who offered to help me with plumbing things via pictures/explanations etc..

Then you will need to rough in all new plumbing, wiring and heating system... this is easy stuff as all the walls are open.

That's not expensive.I've had several skylights and a couple of solar tubes and not a drop of trouble with any of them.They are no more trouble than any other hole that goes through your roof, and you've got several of those in each house: plumbing vents, heating vents, maybe a stove pipe.

Watch for foundations, plumbing (try to stay away from galvy), asbestos, how even the floors are, and the windows to name a few.

I try to stick to cosmetic rehabs, so not much structural work to do except for new roofing and some plumbing and minor electrical work.The time it takes for tenants is in direct proportion to how carefully you screen.

I plan on building the majority of my wealth through domestic investment here in the US, with some international diversification of course, and I want to know some more of Rich's (and others) favorite tax secrets since that is one of his biggest hindrances to creating wealth.