That plus the aluminum wire was too much risk for me.6) The purchase price of the house already reflected the need for rewiring.all wire was updated to code back to the meter.

Since this is a BRRRR strategy, I am anticipating a cash out refinance in a year, and would want to recoup some of my investment.If I go through the process of city permitted changes then the county records would reflect the additional bedroom addition.

They do often tend to have lower personal standards and this will tend to be reflected in their actions and decissions.

Old metal lines are usually so packed with corrosion that your water barley flows.I probably would not purchase as a rental but definatly as a flip assuming price adjustment to reflect costs.

Should we negotiate to lower the purchase price to reflect the cost the seller might have incurred?

By visiting the property I learned that the website photos were far from a reflection of reality.

In other words, the numbers you see advertised only reflect what the last landlord did.

List now, there are lots of buyers out there because of the historically low inventory this spring and summer.List price should reflect the items that are to be completed in it Hope this helps!

It would have to be cleaned up before renting, so I’m sure the price reflects that.

If that is the case, then the number you can plug into your calculator for your labor is a big fat goose egg...and your profit calculation should reflect that.Therefore, what you are actually trying to add into the equation is an arbitrary number for "opportunity costs".