Rock on @Vincent Reid !

I am like a huge rock sitting at the edge of a long hill...

And a big thanks to @Derrick Craig – Rock Star from Memphis!

The panel may still be fuse blocks.2) significant new plumbing:  you quite likely have a mixture of cast iron and galvanized waste lines (though copper is a possibility) and may have galvanized supply lines;3) envelope: the house will likely have no more than R5 insulation mineral batt insulation ... or worse, someone blew in UFFI in the 1970s ... and will not be air sealed;4) Roof: The roof will have been redone - likely 2-3 times ... multiple layers may still be up there ;-)  There is also a good chance the roof is not correctly ventilated as closed soffits were the norm;5) Fenestration - If it has original windows and doors, they will be hugely inefficient (single glazed windows with storms)6) Interior:  Our house was built in 1952 and they still used "Rock Board" with plaster over top on all the interior walls.  7) HVAC:   Please tell me its not the original furnace or boiler;8) Landscaping : How have the grounds and outbuildings been maintained.You could be looking at a full gut to do this properly.  

The book doesn't have 630 five star reviews out of 700 for nothing. 

I will have the property managed by Grey Star, the number one apartment management company in 2014.

This site rocks by the way!

I just can't bring myself to do it.....And Chris, I sence that you have the eye of the tiger toward a real estate investment practice, eager and ready to pounce on the possibilities out there, that can be a good thing, but you have some research to do my man....I'm going to back out for awhile and stop foaming, get the sheet rock out of my finger nails from clawing my ceiling after reading this thread.

George WV Huntington Sustained MSAs - April AR Little Rock CA Merced CO Boulder CO Denver CO Fort Collins CO Greeley CT New Haven DC Washington FL Crestview FL Orlando FL Panama City FL Cape Coral FL Deltona FL Jacksonville FL North Port FL Punta Gorda FL Tampa IA Iowa City IA Ames IA Des Moines IA Dubuque IA Waterloo IN Evansville IN Elkhart IN Indianapolis IN Lafayette KY Louisville LA Lake Charles LA Monroe MD Cumberland ME Lewiston MI Flint MI Saginaw MI Detroit MI Grand Rapids MI Lansing MI Monroe MI Muskegon MN Minneapolis MO Columbia MO Jefferson City MO Joplin MO Kansas City MS Jackson NC Burlington NC Charlotte NC Goldsboro NC Greensboro NC Rocky Mount NC Winston-Salem ND Bismarck ND Fargo ND Grand Forks NE Lincoln NJ Ocean City NY Glens Falls NY Rochester OH Columbus OH Dayton OH Springfield OK Tulsa OR Corvallis OR Portland PA Altoona PA Erie PA Pittsburgh PA Williamsport SC Charleston SC Spartanburg SD Sioux Falls TN Chattanooga TN Kingsport TN Nashville TX San Antonio TX Amarillo TX College Station TX Dallas TX Laredo TX Longview TX McAllen TX Midland TX Odessa TX Tyler TX Victoria UT Provo VT Burlington WY Casper WY Cheyenne ARIEL MOYER National Association of Home Builders D 202 266 8595 M 301 706 9965 [email protected]

Hi all,I am looking for a CPA in the Austin/Round Rock area who comes highly recommended and specializes in investors with rental properties.