My brother Chris owns a construction company on Aquidneck Island, Pettit Construction and so, he will be the one doing the repairs.

We worked together over the last year and she was able to get herself out of debt and repair her credit.

I wouldn’t say it’s out of the question as as cpnventional you’re looking at 15-20% down + $3-5k in closing costs + reserves for vacancy and misc repairs if it’s completely move-in ready.

I'm sure there are good ones out there and you just have to do the research to find them, but I don't really believe they'll care as much about the property, who lives in it, the cost of repairs, etc as much as I will.

My inspector threw out a ballpark guess that it could be roughly 10k to repair it.

The seller will not give you any credits or make any repairs in an attempt to kill the deal.

After inspection it turned out that many places need to repair: roof, electric panels, foundation...

When you go have a folder with lowest comps surrounding the home, your highest cash offer price as a note to yourself, repair checklist for calculation, business cards and confidence :) *Go in with the heart to solve problems and really listen  

Investing will be easy, they will find you and you can also ask on BP for respected/quality sponsors.Good Luck. 

So I set aside 10% for future repairs and cap-ex in one line.