Trying to DIY wiring, letting broken windows stay broke for 2yrs leading to pigeons setting up inside a historical property, bleeding your parent(s) dry while siphoning money out of a rental. 

That said, if you do get them and you choose a "fancy" front loader washing machine I would post some rules about leaving the washer door open, physically drying excess water off the door and drum, and any other instructions to prevent mildew because those units are evil and you will get mildew stains when your tenants leave, especially if they're used to normal washers.

Killing time posting waiting on the ground to dry some.  

I just purchased a house site unseen and the roof collapsed from fire damaged, third floor structure significantly damaged, second floor walls rotted.

Instead of just letting it rot and getting nothing for it.

House had the interior repainted and recarpeted.Listing Price: $290,000Offer accepted at: $290,000 + $5k credit + $2,600 loan creditARV: UnknownHolding cost: Unknown how long repairs will take.3% closing cost - $7,600 credit = $1,100Gross Income: $2,800 - 5% vacancy = $2,660FHA @ 3.5% down ($10,150), 3.5% interest rate + $196 MIP = $1,429 PI+MIP.Rehab (Dry rot removal, 2 piers in foundation need replacement and cracks in foundation, add kitchen to studio): $25,000 - I’m still not 100% sure of this cost.Expenses: $280 (10% CapEx + Maintenance) + $302 for property tax + $260 (water, sewer, garbage) + $50 for pest control every other month + $100 house insurance = $992Cash flow = $239/moCash @ closing ($25k + $10,150 + $1,100) = $36,250Cash on cash ROI = 7.91%Your opinions are welcome about my first home purchase.

- make sure your guy has ample skin in the game, meaning, lots of his own cash to lose...Suggest you do a few dry runs, get to know the process, develop a legal team (and mind-set if you have to foreclose), define potential pitfalls better before compromising on a nice chunk of six figure $$$.

If I listened to DR I would have significantly less net worth.

Buy a drying rack and a clothesline.

They found both subterranean and dry wood termites during inspection, at least evidence of, but no actual termites.