I have managed properties before and have extensive experience in electrical, plumbing, and carpentry work.

But here's a rough idea of the basic steps involved and what it cost when I did it:STEPS:~ Drain the pool~ Remove pool equipment & cap off water lines~ Remove/cap off any unused electrical~ Knock down the edges around the pool and make holes in the bottom of the pool for drainage ~ Fill pool with "clean fill" material (i.e. soil, gravel, rock, sand, etc)~ Tamp the fill material as you put it in to compact it and reduce the chance of it settling over time once it's all fullCOSTS: (we did the labor ourselves so this is just for the material)~ $450 to buy a jackhammer to knock down the edges around the pool and also to make the holes in the bottom (we could have rented a jackhammer for cheaper but this way we own one and can use it on future jobs)~ $1600 for the fill dirt (it was a lot of dirt!)

Electric meter on?

. $2500Repair budget: $10,000Estimated total investment: $94,000Monthly breakdownMortgage payment: $286HOA Fees: $255Taxes: $168Electric: $200 (there is electric heat)Insurance: $42Net operating costs: $951/monthAnticipated incomeRent bedroom 1: $700Rent bedroom 2: $725Rent basement: $0 (I'd live in basement)Gross income: $1425/monthCashflow: $1425 - $951 = $474/month plus I live there for free

Are they electric or hydronic/water?

"$10K-$100K in 12 Months"I graduated college with the entrepreneurial bug as many of us do.

Hi, I got the bug of real estate investment 1.5 month ago.

Someone has to pay the loan, electricity, gas, heat, water, in the mean time.

I'm not sure I'd be a fan of that though with bugs and whatever else is down there.

If it's electric, it's not dangerous per se, but definitely not a good idea and not good for the building.