I renovated the unit by replacing 32 inch doors to 36 inch and redid the bath so caregivers could nearly enter the shower area along with a wheel chair.

Not sure how much this will cost.3) There are 2 Federal Pacific Panels that I need to take out and replace ~$2500.4)  It looks like someone did a shoddy job with the sump pump, so I'll need to get that checked and repaired.  

These cash-flowing houses may have clientele with job issues, often late pay troubles, and if you buy older houses, these will need major systems repaired or replaced. 

He said he had a very hard time finding an insurance company willing to insure the property, and that it ended up only being insured for a legally permitted replacement structure, which would be a single family home due to zoning.  

She says is just two hours worth of work but I tend to disagree after looking at the existing trim in the house, all the trim from the floor to the ceiling needs an overhaul to look new again.In the five years they lived in the home the owners replaced or renovated the following:AC, dishwasher, windows (double paned with blinds in between panes, can open to reach the blinds), flooring (throughout was very nice but I'd replace the peel-n-stick with laminate so it would be laminate throughout), sheetrock, texture, and paint throughout, ceiling fans and light fixtures throughout, sinks in both bathrooms, chain link fence dog run added, and a storage shed.Other positives:  I talked to neighbors and they are very happy living there, there is a beautiful and big rec center, gym, kids playground, monthly potlucks, people wave to each other as they drive by, there's a craft group that meets, etc. 

I have a full time position elsewhere in a completely different industry (IT) and I want to do this as a side venture that will eventually replace my current income.Do you think I am asking for too much based on this?

I just replaced a very old 150amp service with a new 200amp panel, new meter box etc etc.Admittedly our weather-head/service drop connections were much cleaner/safer & better insulated than your mess.

Hi BP NationI am a full time software engineer working in downtown Chicago.

A 1031 exchange begins with the sale of a property and concludes the the purchase or a replacement property.  

We never replaced a furnace due to mold.