Can be financed.With “Full” version – 20% reserves if renovation is major – foundation, room additionsDraw Requests “Draws” are funds paid to the contractor after work is completed.For “Streamline” – pictures of completed work is permittedFor “Full” – Consultant inspects work

The building inspector told one investor the house has be demolished, no option and another that he would work with the guy to fix it, but with major costs to fix, may be cheaper to demo and start over. 

Brandon to my understanding the offers are to be so low that the majority wouldn’t be accepted.

Hi,I am looking for quotes for major work in our HOA.

During our talking she said she lives with her mom (+her son) and her major concern was where to store their bikes.We left the house and she is waiting for Uber.

Also, a major question that I have is, how much should I expect this to cost?

Repairs and maintenance are performed following quarterly inspections, painting is done with tenants in place on a ongoing bases and unless I plan a major reno my units are rent ready. 

But I would not buy it as-is for 230k - you are paying retail or higher for a house that needs work.Also, it has a slab foundation - if the house still has cast iron plumbing, you will be in for some major headaches down the line, or may even need to repipe now before putting in new flooring. 

That tenant paid on time for the majority of his tenancy and resided in the property for 2 years and the property needed minimal work before being re-tenanted in October.

It actually got very difficult to find willing employees to work in a massive city that would not allow the grand majority of them to live within its City limits.