Hello and welcome to this site William! 

I had the kitchen rebuilt, entire house cleaned and repainted within one weeks time.

You will find there is a lot of real estate investors from southeast louisiana on the site.

I just cleaned one out today, and there was a dresser in the basement with a drawer full of gold coins.

I got a standard loan at 5.625%Purchase: 131.4k20% down: 26.6 (24k from 401k)Inspections/ Closing costs: 4,050Rent: 2125 total (1275 up, 850 down)Mortgage: 613Ins&Taxes: 424401k Repayment: 131Utilities avg: 310 (based on 18 month bills)Maintenance: $138 (estimate, will save as capex if not spent)Cash / month after expense : $511Assuming 10% vacancy and some clean up, I’m estimating $5100 a year in cash flow.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/blog/The site has quite a few tools that can be helpful for new members.

Has 4 beds, 1.5 bath, basement is clean and dry but not finished.

Great that you joined the site!

The problems are “deep” problems in crawl space, in the rooms it looks rent ready- that is how I and the realtor felt when we walked in: Clean carpet, rooms, kitchen, bedrooms, functional AC, and other appliances included in the purchase.

Great that you joined the site!