More people = more water = more work for the field line.  

The previous owner did not charge water and sewer.

Still, we forged ahead and got the P&S on December 23rd.Initial BRRRR Estimates:Property acquisition: $151,000Rehab: $30,000 total:$2,000 for kitchen (stove hood, refrigerator, stove, dishwasher etc)$2,000 for window repairs (about 4 broken windows)$4,000 for painting$3,000 for oil tank$2,000 for water heater$2,000 for second bathroom spruce-up$5,000 misc$10,000 for roofEstimated ARV: $230,000The initial numbers looked good.

The water was shut off because they stopped paying the utilities.

I recently had a leak in my water line on the second floor and had to have some work done on my living room ceiling.

Water, sewer, gas, electricity.

Only downside is the $584 annual flood insurance that I would have to pay as it is in the flood plain. 

The previous owner has replaced the HVAC, water heaters and put in granite countertops in the past couple of years.

The previous owner has replaced the HVAC, water heaters and put in granite countertops in the past couple of years.

Way back before I owned the place (1986) the place flooded with about 1-2” of water covering the basement floor.