Also as he is living alone with nobody to help, lets say they leave the stove lit and forget, i dont want the house to be burned down.I have no idea about their health profile, can I ask for that.

Your question has been asked and answered numerous times on the BP forums already, so a search will give you more detailed discussions.

Plumbers have done everything from replacing the line to snake the clean out with no luck, but feminine products (specifically tampons) are pulled out of the drain and numerous calls to the city who in the previous 2-3 visits denied where their pipe responsibility starts.

In 2002, the Pennsylvania General Assembly introduced Senate Resolution 171 and House Resolution 434, which urged the Health Department to form a task force that would assess mold and the issues associated with it."

I have been told by numerous people that its a great deal and they just want to get rid of the properties.Hard money isn't worth it if you ask me.

I'm pretty new to this forum and investing in general but if that were available in my town I'd "rinse and repeat" like you as often as I possibly could... that's similar to buying a house here in LA for $350,000 and grossing $8,000 in rent...I'd go out on a limb and say it's nearly impossible to do here.... if floating the rent between vacancies is a hardship, I'd sell it, buy another house and continue your proven strategy.... someone with more experience than me can probably help you figure out how to leverage the lower priced units in time for higher priced units that may have larger appreciation possibilities for long term portfolio health.

It violates health code is criminal as well.

It's common too for sellers to carry back equity, but you'll still need a down payment on almost all deals unless the seller is really motivated and can't unload it, like health issues.

It is known to cause health problems.I am more concerned with why you are willing to pay 15% above comp value for a house that needs all this rehab?

Paint that is chipped or deteriorating it can cause serious health hazards.