Purchase price: $195,000 Cash invested: $5,000 Historical house that underwent a complete gut job, new plumbing, electric, hvac, drywall, roof, insulation, after a fire that occurred at the property in 2019. acquisition also included a buildable lot in the back.

Items needing repair and/or replacement may include: roof, hot water heater, plumbing, heating and air conditioning unit, etc.

Next time say it’s a sewer leak, when you say slab leak that says it’s the domestic fresh water system issue.  

Purchase price: $75,000 Cash invested: $28,000 This was a fun purchase, we added a bathroom (first time doing an addition), as well as a major cosmetic overhaul of the house and some plumbing/electrical.

Hired a plumber to do the plumbing, etc.

It is a complete gut: Foundation, Electrical, Plumbing, Roof, Drywall (walls and ceiling), Additional Bathroom, Cement Driveway, Back Porch, Landscaping, EVERYTHING. 

It is a complete gut: Foundation, Electrical, Plumbing, Roof, Drywall (walls and ceiling), Additional Bathroom, Cement Driveway, Back Porch, Landscaping, EVERYTHING.

The moratorium states that not only can you not evict, but can not serve notice of evictions or lease terminations UNLESS it meets the high bar qualification for illegal activity at property as listed in state statute (basically they must be caught for running ti as a crack house) or tenants are putting other tenants in immediate danger of harm (think domestic issues case, and have to have proof such as police reports) or significant damage to property (state attorney general put this bar so high that it's things like concrete down drains or stripping home, over the top extreme things). 

We have been doing large changes: the walls are still open until the new baths are plumbed.

I use non-licensed guys all the time -- in my jurisdiction, you only need to be licensed to do electrical, plumbing and HVAC work (and have a GC license to pull building permits) -- so I use unlicensed guys for everything else.