@Rick Oaks hey Rich, call Shelby at Loftin Plumbing.

We put all new window, roof, siding, HVAC, Electric, Plumbing, basically everything new.

Bonus garage in back has electric and plumbing, could be an ADU but lot of work and money to get there so I didn't even estimate costs.

Don't ask him to cover up bad wood, bad plumbing, bad wiring, etc.  

There were a ton of new regulations in the name of "consumer protection" that exacerbated the lending issues, and made it take much longer than it should have.Lenders may not be as aggressive as they were a few months ago, but if you have a good project and a decent borrower, you can still get your deals done today. 

Plumbing - Must be functional with no damage or leaks.Hot water - Must be functional.Electrical - All receptacles must function normally, GFCI receptacles required in kitchen and baths, no exposed wiring.HVAC - AC is not required, but if ductwork is present, then AC must be functional.

@Lucas Lawson - check local regulations before you go out on your own. 

FHA 203k or Conventional or cash buy it. we were hoping to get the house for 100,000 and rehab some of the house for 50k. but we are running into worries about covering the cost of the septic and well.. and weather or not to BRRRR it or sell it off. my guess is the property could sell for between 260,000-300,000 tops.needs new kitchen gut, 1 bathroom gut, new plumbing throughout, and heating system and new windows and electrical upgrade.whats the best way to go about this

The only problem is the house is in bad need of electrical & plumbing repairs.

He specifically told me that they have a check box on the form they need to fill out that literally catalogues if the interior plumbing connection is a pipe that potentially contains lead.