You might keep bugging them, and calling various execs to see if they will grant grace.

The venting configuration was easy as we had stripped the unit to the studs for electrical etc & the ceiling was open in most areas.

This is about the math, then it is about the math, and after the math makes sense. . . you can then be a big emotional teddybear bout the property.At some price, this becomes a viable and cashcow, moneymaking vehicle.Get a foundation contractor out there and assess the rebuild cost on the property, electrical to look for any Knob and tube wiring, and a plumbing contractor to discover water pressures through the properties.Also, have you thought about Section 8 landlording?

. - I hope you used LED or at least CFL bulbs there; they last so much longer that you won't have to get the ladder out as often, and you save on electricity too!

The furnace has a lock box on it and they supplement that heat with baseboard electric (tenants pay electric).

Pay the electric or we're cutting off the service.

The house has 1 meter each for water and electric and I plan on including these utilities in the rent.

Any electrical also has to be replaced.With Burn houses I was told there was a certain percentage of burn through when framing had to be replaced vs. just patched.

There are a lot of costs that you may not think about (extermination fees, trash, water, gas, electric, insurance, etc.)

Even with experienced investors who do this over and over they have a strong contingency fund built into the pro-forma to model out worse case scenario.It's been vacant for the last 8 years and hasn't been stripped of electrical or the A/C's??