I'm finding the deals drying up in my area around Tucker/Decatur.

These are major things like (all estimated include labor + materials):1. roof with heavy granular loss and near end of live (needs replacement) - estimated $9K2. foundation grading needs - estimated $1k3. new HVAC needed - estimated $12k4. wood rot on housing in numerous places + wood trim repair/replacement - estimated $2k5. new water heater needed on 1 side - estimated $3k6. rotted facia and soffet - estimated $3k7. soil grading - estimated $1k8. bad electrical wiring that must be rectified by electrical - estimated $1k9. exterior vent repair - $50010. broken window repairs - $50011. exterior paint - $3kone entire side is not renovated (which is fine - but still alone needs it's only 10-20K worth of work to make marketable like the other side - flooring, paint, appliances, and cabinets)estimated total without renovated duplex side: $36-40Kestimated total WITH renovated duplex side: $56-80Kwhat's making me think twice:lender and agent are close (not unusual)things that the appraiser DID NOT find compared to the home inspector made it a perfect pass for FHA loan.

Farther than that, it'll suck your life dry, unless you have a great, reliable property manager.

You want to make sure there are no environmental issues if it was used for purposes like a mechanic's shop or dry cleaners, etc.And rely on your real estate agent to connect you with the right people to help do this investigative work.

Also, the materials generally used to build homes in cold clients requires more maintenance that materials used in hot dry climates.

San Diego utility companies are notorious for sucking everyone in the city dry.

Do you have equity in the event that holding is going to dry out your funds?

So they got a lot of their money upfront so when the market dried up and they had no new originations or loans come in it was easier for them to just close it down.

Anyone else isn't going to want to deal with that AND perhaps the biggest thing is helicals are only estimated on a soil condition.

Actually it's a little worst than that...dry wood termites can survive for about a week after fumigation.