The downstairs bathroom sink does not have water.

I'm far to green to be willing to sink a large chunk of my net worth in a single investment.

.* Listed at 75,000* ARV 135,000-140,000* 3bed/2bath brick - stripped to the bone - needs floors, bathrooms redone (missing sinks and toilets), kitchen redone, new heat pump, junk removed, holes in ceiling and in walls, paintingFiguring offering roughly 56kThe thing is, we found out from neighbors that the owner fixed cars and dumped a bunch of oil in the back yard.

@John Umphress, you would want to consider sinking less money into Dead Equity for a thousand reasons, especially if you are over 45yrs of age with less than 300k in retirement savings.But if you're worried about it, 2 or 3 months after you close on a property, if that time you still feel the need to put more down, then do a simple reduction of principle & loan re-cast.2 months After closing, if you still can't think of better use of your funds and still want to re-cast, tell us know.   

Got three separate work orders totaling 350 dollars to replace a sink faucet, rehang simple overhead light and change some flood light lightbulbs.

The first night I brought her over, the conversation before entering the house was a 10 minute preface of why there is building material everywhere, dust in the sink, an old broken fish tank in my bedroom.

All sinks, toilets, counters, flooring, wall painting complete.

When it first opened is was used a vacation rentals the over time became more long term rentals to locals and since the couple was getting up in age a lot of the cottages were neglected, except 6 have new metal roofs last done about 5 years ago..This is a major undertaking that I'm not 100% sure my wife and I can handle she seems to think after renovations we could gross over 150K per year but I'm a bit more skeptical but seriously considering it but hate to sink all cash into the deal if we can't find financing.. 

Anyways...I am so HOOKED on the concept of Wholesaling that I think about it 24/7....ugh...Anyways, if all my $25,000 ends up doing is sinking this HUGE seed in my heart and leading me to Wholesalers Inc. which led me to BiggerPockets, then it was worth every penny!!

You might be taking a shower in the kitchen sink or using the port-a-potty outside for a while but if you can roll with it, you can save (or make) a lot of money with this strategy.Good luck!