Termite Damaged Studs $1,000.00 Assume replace 20 EA studsRodent Extermination $150.00 QuotedNew Roof $5,750.00 Quoted - Partial re-decking at 10 sheetsNew Hot Water Heater $750.00 Assume $500 water heater and $250 installReplace Aluminum Electrical Wire $300.00 Assume 4 hours @ $75/HRTotal Rehab Budget $47,057.98 Contingency at 10% $4,705.80 Original Purchase Price $45,000.00 All In Cost with Original Purchase $96,763.78 ARV of Home $95,000.00 Based on ComparableAdditional Scope $11,792.98 New Purchase Price $33,207.02 All In Cost with New Purchase Price $84,970.80 Any advice?

In Minnesota I would prefer any heat other than electric, property located on a busy road, in a town that has a growing population, in a city that does not require a rental license or permits, updated electric, garages would be a plus.

How old are its various major components, such as roof / HVAC / plumbing and electrical systems?  

All new electrical, walls, flooring and it was on a slab where I had to have it jackhammered for all the new plumbing to add the 2nd bathroom.

---Purchase Info---Price - $45,000Closing Costs - Assuming $2,000 (don't know if this is accurate)Rehab - $30,000All-in - $77,000 (getting a HML), my cash in will be 25% of home purchase and closing - $13,250ARV - $110,000---Refinance---70% of ARV for cashout - 77,000Interest rate - 5.625%Mortgage Payment - $443Property DetailsIncome - $1300 per monthExpensesMortgage - $443Taxes - $300 (approx 3600 annually)Insurance - $70 (not in a flood zone)Property Management - $75 (confirmed value with my PM)Vacancy - $108.33 (1300/12)Maintenance - $130 (10%)CAPEX - $65 (5% - we would be replacing most of the mechanicals, electric, plumbing)Water - $100 (considering billing back to tenant)Cash Flow - $18.98per month...ew. (1.72% COCR).

I have seen houses that whole electric line been stolen when it is vacant. 

And here's what we found during the due diligence period:MF had major sewer line leaks, plumbing leaks, flooded crawl space (from said sewer/water leaks), leaking "new" roof and damaged decking because the flashings weren't installed correctly, foundation issues, bug infestations from multiple nasty tenants and EVERY system in the property was well over the life expectancy. 

I am thinking about doing a PPA, it costs me nothing ($0 upfront), and I would pay for the electricity at approx 50% discounted rate that will never increase (.075 per kWH) than the electric company (vs .11 per kWH and increases yearly).  

Does anyone have any insight to offer on:-powering homes with solar, electric furnaces (we know they’re expensive though I can’t get anyone to actually give me a price), solar water heaters, and other measures to cut house emissions-pre-/post-buy checklists-systems for running rental businessesFinally, shout out to @scottinnocente for being a knowledgeable and educated investor-real estate agent and the Green Mortgage Team for moving our financing along.

Sewer, foundation, electrical etc etc.