the concrete jungle - if I can make it here I can make it anywhere....

Back now, ready to apply the hard learned lessons of our first purchase, an owner-occupied two family, to a first strictly investment property.My motivations and goals are far more clear and concrete now than in the past: Find and purchase rental properties with positive cash flow > Develop passive income streams > Escape from the cubicle farm > Apply hard won time and flexibility to my family.

It is taking me an average of 3.5 months on a 2000 sf rehab that is top to bottom including cutting concrete for new plumbing and basement build out.

Afterwords it would be questionable if i would go ahead and do the house i'd want to keep, infact i would if it was on a concrete slab, becasue you cant get to the utilities without digging inside of your house.

Then again I was not the one who hired them, and the landlord is a bit elderly -- may have been a communication issue.The subfloor is concrete, so I don't know how much we can do there.

@Ray Browne For a brand new, quality build (steel & concrete?)

So, everything is now our problem.In particular, he pointed out this in the floor of the laundry room:Its a little tough to see in that picture, but a cut was clearly made in the concrete for that drain pipe.

Scored concrete floors vs. tile, etc.Any suggestions for us new to the land lording business?

Those "soil conditions" = construction debris of various sorts (bricks, lumber scraps, roof shingles, concrete, foam plates and disposable coffee cups, etc) at very shallow depth.

Once you have concrete number then you can analyze this deal.