Flipping could take 1-2 years to have a track record and build a good nest egg, hardest part is starting and it's relying on the market condition.

View report*This link comes directly from our calculators, based on information input by the member who posted.So ive talked to the agent and i cant inspect the property because of hazardous conditions, it a forclosure.

@Joshua Bailey  how far below market are they for the condition of the unit? 

In inflated markets (a condition you can gauge by the increasing gap between asking/offer prices and the prices at which homes APPRAISE) profitability tends to shift away from buy-and-holding turn-key properties to favoring the rehab space of investing, flips and BRRRR. 

So old and fallen apart, there are a couple of occupants in the two buildings living off the government paycheck, but it's definitely not going to pass any minimum standard conditions if ever thought of section 8 ....

@Max Vishnev That's why Im still negotiating with seller, house is in great condition (still pending inspection for details of course) and great for a house hack and as you said long term buy and hold.

She doesn't live with us, my rental properties are in my business name, it makes you wonder what kind of information is being shared from our smart devices......

Good way to write off a trip as you go to check on condition of property etc! 

How does the condition of the home effect financing?

The property is in mostly good condition.