I have fixed and flipped numerous houses for a private investor.

Potential repairs1 none, I mean whatever misc housework comes up but honestly none that I can SEE key word, SEE as this is purely speculative based off internet pics and documentation23Thoughts: it’s a gorgeous house in a great area that would more than likely get rented out fairly quickly, that said with those quick rentals you never know who you are going to get, and this house is clearly not for many people kind of coalescing, it would be pretty tight, and a little weird having numerous people living in that place, but it could work.

Now with all of that said- if the full report comes back and it seems like the repairs are going to be far too numerous (and costly- you're going to have to have the capital to finance these repairs even if purchase price point is lower (well, assuming there's a loan involved to purchase). 

Hi BP,I am just about to be done with the initial learning phase of my real estate investing education and had a question about leverage.In the book "The Book on Rental Property Investing" by Brandon Turner, as well as in numerous podcasts, say that leverage will help you protect your assets, along with insurance. 

Thank you for the invite.

@Philip Zanello there are numerous reasons a seller could take off market it’s not necessary a bad thing.

@Jordan Moorhead that would be great, sent you a connection invite. 

Numerous people State side set up LLCs in the State of Delaware for these reasons, taxes and low fees. 

However if you pull an easy permit and exceed the scope of work, it’s an invitation for inspectors to write you up and you can’t even plead ignorance.

There are numerous markets out there that can provide cash flow.