I always laugh at people who think a "new" roof adds a lot of value to a house.

Look at the wood on the roof.

They're not disclosing ANYTHING to me that they would not disclose to any other interested buyer, ie; what's on the "Seller's Disclosure Statement".Agent: "cash, I have a listing for $44K, seller's disclosure states,'roof leaks', IMO it 'may' need carpet and paint.

I spent the next 8 years gutting, rewiring, replumbing, roofing, drywalling, painting, etc., while working a full time job and raising 4 kids.

Also there is a much stronger market for the $600 rental.The downside is that you have 4 times as much painting to do, 4 times as many appliances to replace when they die, 4 times as much roofing and the insurance on 4 will cost more than the insurance on 1 or 2, quite a bit more in every state that I'm aware of.

We are going to tear the roof off this motha, LOL, Seriously, we are going to raise the roof, add more space, a master bed and bath, attached garage...

This would give me a relatively safe monthly repair/maintenance budget for the home itself (roof, windows, walls, flooring, plumbing, electrical, etc).

Ex Replace roof on 2100 sft sfh.

However, I viewed a 2/1 home that was renovated, new roof, flooring, paint, ac, etc for $26k that rents for $425 and is currently occupied.My old town is only 90 miles away and I'd be up there at least twice a month and would have a property management company manage the properties.

Hey, folks.Got a tin roof problem.