Also look at the monthly bills for electric and heating....and if there is a pool(s) the water evaporation replacement costs.Does it have 100 year old chimneys that are unusable and crumbling, needing expensive scaffolding re-pointing or removal.I'm just pointing out there are LARGE dollar outlays beyond normal for these big Trophy Homes that it would be smart to budget for monthly.Do you intend to ride a lawnmower and cut the grass yourself or pay for it--etc...

We are not moving any water wires, gas lines, etc. 

$53,700 complete rehab that included, among other things, a surprise $7,000 foundation repair, new roof, new AC, new water heater, whole house new plumbing, remodeled kitchen and new appliances, remodeled bathrooms, new paint inside and outside, new floors, new landscaping...

Maybe it's the hot water heater????  

If that happens and hundreds of thousands of people lose their jobs, and congress doesn't enact another foreclosure moratorium (which they won't), then it's possible we see a flood of foreclosures (or pre-foreclosures) hit the market, which would certainly dampen prices.But even so, it would not be anywhere near the number of foreclosures we saw in 2009 (because the housing inventory relative to the population was so much higher back then).

I was thinking off water, with a pool. 

I guess from a developers perspective, I'd take an educated guess that if you had 2 properties right next to each other, identical in size, lot size, bedrooms bathrooms etc, but 1 a MFH & the other a SFH, it seems that the SFH would sell for more, and probably cost less (less framing, doors, windows, appliances, boilers / furnaces / water tank etc

Hi all, Thought I would post here just in case anyone wants to dip their toe in the water for SFH in Birmingham, AL 35211, USA.Property is on the market, I've got an agent, but if anyone in BP wants to have a crack I'll send them the agent's way.It is a small 3bd 1.5bath property.

My flooring guy advises to not do floating floor in a bathroom because water can get under the flooring and be trapped between it and the subloor.

I replaced Sewer and Water pipes from some of my rentals out to the street over 30 years.