All new lighting and plumbing fixtures.

Purchase price: $89,300 Cash invested: $36,000 Sale price: $153,000 Mostly cosmetic but had a fire damage accident that ended up making it more costly; sales desc: Clean remodeled home with NEW ROOF, NEW SYNTHETIC STUCCO, newly installed Satin White Hampton Bay cabinets with extra pantry cabinet, Teak Butcher Block counters and Island top, Glacier Bay vanities with cultured marble sinks, 12 mm Evening Sun Cherry laminate flooring in all bedrooms, new cooler, light & plumbing fixtures, hand cut sanded and stained wood baseboards and trim, new garage door, new synthetic stucco with full brown undercoat, new Galvalum 26'' gauge steel panel roof with trim and drip edge flashing.

Purchase price: $89,300 Cash invested: $36,000 Sale price: $153,000 Mostly cosmetic but had a fire damage accident that ended up making it more costly; sales desc: Clean remodeled home with NEW ROOF, NEW SYNTHETIC STUCCO, newly installed Satin White Hampton Bay cabinets with extra pantry cabinet, Teak Butcher Block counters and Island top, Glacier Bay vanities with cultured marble sinks, 12 mm Evening Sun Cherry laminate flooring in all bedrooms, new cooler, light & plumbing fixtures, hand cut sanded and stained wood baseboards and trim, new garage door, new syn What made you interested in investing in this type of deal?

Older properties require extensive plumbing work.

Older properties require extensive plumbing work.

I put all new plumbing the house, so I know for a fact that the well does not tie into the dwelling.

I have typically done all the work myself, and thus know how to do pretty much everything from cabinetry, appliance installation and repair, sanding and refinishing hardwood floors, window replacement, drywall, painting, plumbing, electrical, and even a bit of HVAC. 

ALL older houses will be out of plumb and need leveling.  

Asking the listing agent about repairs probably wouldn't get you very far as real estate agents are not contractors and wouldn't be able to tell you about galvanized plumbing or shake-shingle roofing.

Plumbing (Washer/dryer)4.