I suggest looking at five types of risk as a starting point to judge any real estate investment.Real Estate Risk Categories to Assess When Investing1.

News article:http://www.philly.com/philly/business/20160506_Judges_orders_PGW_to_stop_dunning_landlords_for_deadbeat_tenants.htmlNow, I believe there is a state law that enabled PGW to do this, so who knows what comes...

I'm obviously not there but I can tell you right now I wouldn't offer over 100k for this thing just judging on the amount of work it needs. 

At the end of the day it's your house and name that people will look at when judging the quality of work done.

If you do not have someone you trust 100% to judge the home.

Only thing missing was the insurance declaration page.

I personally prefer that young investors pay off all bad debt before they get into good debt.Secondly if you buy a property never ever ever rent to family, boy friends or any friends in general.Watch any 1/2 hr. episode of Judge Judy and you will find out why.

The rental application must stateI declare the above statements are true and correct and agree that they are part of the rental / lease agreement.

Flip to AZ - evictions are easy, judges kinda hate tenants, and tenants know this.  

She would have stayed there if the city hadn't declared it uninhabitable and shut it down.