A new roof, all new plumbing & electrical, H20, heating & Central A/C, full insulation & in-unit laundry

But basics like rent, food, transport, energy, etc. will have to increase in price.

I record it as a holding cost in the same capacity as I do utilities (gas, electric, water). 

Is water, gas, and electric still on?

Everyone wants the easy, simple answer to how they get Foreclosed properties, but the truth is, it takes time, energy, research, networking, studying, money for advertising/gas/marketing materials, etc., and most importantly, persistence! 

I've met private lenders that actually do a lot of brokering of capital, so they will underwrite the deals, source the leads, connect the capital partner to a borrower, and there's none of their own money tied up in the deal - they collect origination points or point spread for their time and energy doing the underwriting.

This was very attractive to me because it's a very old property (1914), in good shape but with deferred maintenance, a past electrical fire, and some other issues that are relatively minor.I had stated I could offer an owner carry.

@Joey Gorombey I had a shed in the backyard I hooked up electricity to it.

Love your energy.

Lack of quality furnished rental options and lack of management fees can yield some quality and less energy intensive returns.