Possibly expensive things like AC/heat, electrical, plumbing, foundation, termite damage, mold, etc.Why not inspect it with a contractor or inspector?

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With that said however the slabs are a bit uneven so that may not be the best option without demoing the cement first which I am hesitant to do since the slabs connect to the foundation of the house.Keep any other ideas coming, this is great!!

We call her to tell her that we fixed the toilet and scheduled an appointment with a foundation contractor to take a look at the water seepage problem.

Furnace, hot water heater, flooring, kitchen, bath, doors, molding, evaporative cooler etc.Basically, the electrical, plumbing, and foundation/framing are all that is intact and will remain.Rents are varying from $525-$625 here so a potential gross income of $151,200-$180,000 is possible.It seems as if the range of $25-$50sq/ft seems to be the normally quoted cost to remodel/rehab, but it seems as if that pertains to residential houses, and I'm figuring that I might end up on the lower end of that scale due to the rentals and my desire to install lower end stuff.All the units have separate deeds, and if I get the place, I'm planning on completing the entire outside, and then attacking one unit at a time and renting them out as I go.

They will come by and in 2-3 days you'll see nothing but a foundation and a neat stack of any non-wood materials they couldn't use.Also, let me know geographically where you are at.

Roof walls and foundation secure.YOU can change rent rolls more easily than replacing electric systems,,,say knob and tube,,,or even ungrounded,,,not an easy task in say masonry construction.BIGGEST issue,,does it meet all building regs,,,if there is a minor fire even, a small incident and they red tag the building its a bad deal.

Foundation 8.

.: 336 Foundation: 02 - CONTINUOUS FOOTING Floor System: 04 - WOOD W/ SUB FLOOR Exterior Wall: 04 - SIDING AVERAGE Structural Frame: 00 - NONE Roof Framing: 02 - GABLE/HIP Roof Cover/Deck: 03 - COMPOSITION SHINGLE Cabinet/Millwork: 02 - BELOW AVERAGE Floor Finish: 08 - PINE/SOFT WOOD Interior Finish: 07 - DRYWALL Paint/Decor: 03 - AVERAGE Heat and A/C: 02 - WALL/FLOOR FURNACE Plumbing Fixtures: 6 Bath Tile: 00 - NONE Electrical: 03 - AVERAGE Shape: 01 - RECTANGULAR DESIGN Quality: 01 - AVERAGE Act Yr Built: 1945 Condition: 1 - NEEDS MINOR REPAIRS Building Areas: Area: BAS Sq Ft: 1,152 Area: OPF Sq Ft: 168 Area: EPU Sq Ft: 168 I have an estimate of repairs to be at 15-20K, but what concerns me the most is that there were 2 meters (one for each side) and one is gone and the other is still active!!!!!!

I figured eventually the foundations or structures would weaken.