It will need to be completely gutted and have new roof, gutters, probable finishing of a basement if it has one, and yard work as well.

People still need a place to live, there will always be people that want a yard/their own space, and you can't build anything anywhere in Milwaukee for anywhere close to what the existing homes cost.  

I wouldn't even be considering this right now if the house didn't have so much potential + some neat extras such as a city view, garage, two driveways, and a double sized back yard.

I think it’s valuable information even if you plan to invest in your own back yard, I mean we all have jobs we can’t be 100% hands on, and most importantly you can’t be an expert in all aspects of the project so you definitely need a good team on your side.Best regards

I am in the process of selling my first fix and flip in Denver.  This one has been a true learning experience in almost every aspect. I am at a crossroads with two big decisions that I need advise on...1) What price s...

Almost all of the challenges and things that can go wrong with real estate can happen whether the property is in your own back yard or 2000 miles away.

And of course if you can integrate smart-home technology, people can get notifications when their laundry is done, they can control the lights, they can control the A/C, they can see who is at the front door.If you have a yard, throw in a deck or a patio and a firepit.

However, perhaps this is salvageable?

Stop in yard sales and ask if they are moving.

Giant Detached two car garage, large level backyard space and a fenced in front yard.