It had one bay (of four) that had a crack in the concrete and was leaking for years.

Also be fine by Baltimore city 3 time for the project not started yet. 2 for weeds and grass in backyard which is completely concrete.

Its common over here and usually cheaper, essentially they pump concrete under it to raise the sunken area.

Hi, I'm completely new at this and trying to learn how to analyze deals.Ideally I'd like to make my first deal in the next 6 months.I'm basically trying to get my feet wet, go through the entire process so that I understand it better and get a concrete understanding of what I don't know.To that end I would appreciate it if you could help me analyze this deal for practice.The property seems to be under market price, cash flow seems to be positive.

Wood frame with Sheetrock over concrete slab will have a different shelf life than brick over basement construction. 

I find a lot of comfort in knowing that there is a concrete way of valuing a property by use of mathematical equations.

I have photos and proof that the fence was in good shape before i bought the building late last year, and in the few months I've had it there at 3 huge holes in the fence.My question- is this the city's problem to repair and put up concrete blocks?  

If this is the case, it seems that I am buying more risk here than I expected unless there are people who are able to explain to me in concrete numbers that Austin will continue to grow and that my overpriced initial investment will work out in the long run.Any advice/suggestions?

My first post :) I'm new to REI and followed the shiny into buying ($390) and attending a goofy 3-day workshop (currently sitting in Day 2 in Danvers, MA) on tax lien buying by TAX LIEN WEALTH BUILDERS, previously known as UNITED TAX LIENS, founded by Jay Drexel, who also built MarketPlacePro.It's been almost useless, a giant patronizing waste of time (as @John Underwood and @Ned Carey has driven home - don't pay for education you could obtain more quickly and thoroughly on the googs or through networking), but an interesting exercise in appreciating their polished presentations, sales strategies, and trying to understand what these people's actual business model is by reading between the lines of all the shiny idealized and exaggerated examples of rapid wealth generation.

Add another $5000 for concrete (if required) and basic landscaping and you have a 1500sf "house" installed for $30,000-$40,000 + the cost of the land.