@Rich Somers - I agree with @Patrick Liska.Additionally, since you're going to be there for the inspection, you have the opportunity to pull in an electrician (or HVAC) IF the inspector finds major issues.

I'm trying to figure what the path to profit in paying 83% of ARV for a property that needed major repairs was supposed to be.

Thinking ARV is 110-120k Asking price is 25k Arbitrarily thinking a full rehab could be around 70k assuming the worst and me doing most of the non major repairs.

Major hobby landlord mistake.

Restricting the data to this property profile and area matched the majority of our investor's properties at that time, which are A or B class properties.We started by exporting data from the MLS for conforming properties that sold or leased between 2008 and 2014.

i would connect the two so that it turns on when the light is turned on, if separate chances are they are not using it.as far as the bedrooms, i don't know the construction out there, but i'm guessing the walls are not that well insulated and with the a/c inside and hot humid outside, that can cause this if not broken by a well insulated wall. this is a major health problem inside and needs to be addressed, see if there are any energy co. out there that will test the insulating value in the house where they install a fan at the door and check the house for leaks and insulation value.

@Thomas Franklin I feel that the majority of that knowledge will come with finally sticking my neck out there and making  moves.

And unless there is some historical protection, I'd be very surprised if grandfathering were allowed - but meeting with the folks at the building department should answer the vast majority of your questions with an accuracy that cannot be provided here.A company that specializes in house moving should be on your list of calls.  

I think I'm in consensus with the majority here.

I am currently going to school at Central Michigan University, and am going to major in accounting or finance with a minor in real estate.