Currently a decent amount of space is unusable due to this mechanical closet that is just to contain the furnace and water tank if I'm getting rid of the furnace, I might as well get rid of the whole room and have more living space. 

HMLs doing this cross into loan shark territory, but you can't prove it in writing.

You're probably also not going to have access to gas lines, which means putting in a propane tank if you want gas.

There are two orphaned oil tanks that buyer looked at as an expense for removal as well as a health and safety concern as well.6.

One I did in Long Island, thought we were done with it, and found out the house didn't meet current codes, meaning no septic tanks, must be hooked to sewer pipes.

And we don't have to worry about whether the Fed raises the interest rates & tanks the economy.

There's still plenty of distressed inventory to hunt for, though.I'm older now, live further away, and prefer the nicer neighborhoods more central, but would consider the AV if I were younger and not as well capitalized, and would consider going back if/when the market tanks again.

We'd lock in our appreciation gain and the only real risk is if markets tank and our suddenly in-demand rentals can't rent for anywhere near current rents.

Hello Team - I need to borrow your creative and experienced minds in helping me out with analyzing the following numbers/details regarding my new step into the investing worldProperty: Parma, OHPurchase price: $102,000Property Type: DuplexRental Income: $1550Expenses: $789.17Vacancy:$77.50Repairs:$77.50CapEx:$77.50Electricity:$30.00Water & Sewer:$30.00Garbage:$30.00Insurance:$80.00Management:$155.00Property Taxes:$231.67Mortgage debt: $425.62Cash flow: $349CoC Return: 19%There have been number of upgrades done to the home incl. bathrooms, kitchen, water tanks etc.What do you guys think?

Hi Everyone,I have a house that I am looking to flip in Maryland (Montgomery County) but I have no idea what I am going to run into with the septic tank.