Purchase price: $45,000 Cash invested: $5,000 Great Northside 3 bedroom Ranch with gleaming hardwoods, updated plumbing, new hot water tank and forced air furnace.

I am in the process of moving from Utah to Alabama and need help with the following things:1)  Financing - I am currently filing for bankruptcy and need to figure out what options I have to get financing.2) I can do a lot of the work on my own, but I will need help with electrical and plumbing. 

Save money for plumbing issues, the yard, and whatever else you don't want to handle but otherwise, it seems a waste to pay a PM for an already near-automated process. 

I repaired and updated electrical and plumbing where needed.

We are spending 15k to finish the ADU: adding a kitchen, appliances, plumbing, electrical etc.

Did you do a "rough in" for the plumbing and that is what the concrete is about?

I own a small plumbing company, but my heart is not in plumbing.

Good evening BPers,Help/ Advise needed :) Today we have run across a fire/ smoke damaged property, it’s off market, the owner has got paid by insurance company, he is asking ~195K, the ARV ~400K. it’s a very nice 2 stories SF a bit over 3000sgft, great location. the fire happened few month ago, it was contained to the basement, but there was a smoke condition throughout the house. it was caused by a lightning though huge tree/ septic pipe to the basement, Septic, HVAC, electric & plumbing in basement, needs to be replaced . there are quite bit of soot on the ceiling of the basement, not sure if the structure is ok or not( it appears not too bad, minor burnt), basement is dry,. the main floor and up stairs looks not too bad, main thing is to clear out the smoke, no water damaged.

Essential systems (plumbing, electrical, mechanicals, etc.) are expensive.

If someone calls with an electrical or plumbing issue, I just call a trade and tell them to arrange a day with the tenant for the repairs.The one area where I see a lot of benefit from a PM companies is the separation of risk for eviction process and lawsuits but I think the cost of hiring them is much more than what the lost rent would be and if you're properly maintaining your property then a lawsuit should not be a large concern plus insurance also covers personal liability.