They also talk about major problems like roof leaks, plumbing, etc. so you can get a feel for what is wrong.

Diamondback Plumbing did a great job for me a few months ago.

Is there a difference in reporting plumbing, floor replacement or electrician work?

If the capital improvements done in 2007 by the seller were mainly cosmetic than I wouldn't count them as much as replacing heater, water heater, roof, plumbing, electrical, water main to the street etc.

My PM will replace all outlets and switches for every project (saving us about $400), will hang mini-blinds, can do very basic carpentry/plumbing, etc.

I Just worked with a guy just getting into real estate.The house was assessed @ $84K comps are $78-$85 in the street.Estate sale on the mkt for $69,900It's 4 brm 2bath has a new hw tank, fce, pex plumbing, windows siding etc but needs updating & a roof.

The carpet cleaner noticed that all of my plumbing ball valves had yellow handles.

I have no idea what the plumbing and heating could cost to have fixed, but if it can be done for less that 12k would this be a deal worth attempting?

Unfortunately, in a multi you are not legally able to do your own major electrical or plumbing.

My parents paid $30k for their house in the area I live (DC suburbs) in 1968, and that was the absolute last time you could buy a house for that price:)That said, doesn't maintenance (i.e. a new roof or plumbing) cost the same in a $30K house as it does in $150K house (assuming houses are same size)?