Holes in Floor(sigh). some of electrical wiring has been ripped out of the wall, ETC.Maybe i can get them to lower the price,idk if they will.

He says he has an electric heater .

We chatted about the flip last night, and he told me that he thinks he can 'gut a room in one day and put it all back together (electrical, drywall, trim) in one day (!).

Howdy BP,I need an example of an electrical one line drawing for our commercial building permit (11-plex).

. $1500-1800 of it going to gas and electric for the pool area.Add the Agent telling Me to expect a hold time of 3-5 years, for the market to come back.Sounds like to much exposure.

We spent the weekend painting the walls and floors as well as fixing some of the minor electrical and plumbing issues in the basement.

To be honest, that experience, along with working in the electrical trade, are what inspired me to start learning about real estate investment.

For maintenance, I have a general maintenance guy I can call and then also specialized folks each for HVAC, plumbing and electric.

So now, I start with $10,000 as a baseline for a typical rehab in my area (which would include the basic stuff, carrying costs, closing costs, new flooring, replacing some doors, some basic plumbing and electrical repair, painting throughout, minor repairs to sub-floor, appliances, etc).

Many of the items on the list of violations are fairly normal stuff (i.e. light fixtures replaced, new electrical outlets and covers, add GFCI's in wet areas, replace some screens/windows, water heaters).