I thought he could continue living in his existing house/mobile home, when this all began 8 years ago.He ended up having to move a double wide modular and putting it on its own block foundation, septic, new electrical service,,,now remodeling to bring up to date.City has paid 8 to 10 K per acre for surrounding land back when land was selling for 2kto 3500k now land has doubled.

While it might seem picky, it's a safety issue since most homeowners don't know how to build a foundation or run electricity so the house doesn't burn down.You will not be able to sell this property to a buyer trying to obtain FHA financing.

I just bought a 2007 built REO, the thing is the house just has a frame, no electrical wire, no plumbing, no insulation, no drywall.

After you get the results, focus in on the mechanical, plumbing, and electrical issues first.

If I were going to let rent slip to justify the new meters, I would take into account a sub metered average and not just divide out my current bill, as consumption will go down on water, electric and gas.

I've since served in the military for 3 years and am 3 years into my Bsc in Electrical Engineering.

It requires a new air handler, a repipe that will take approximately one day, some minor electrical work, and cosmetics.

If we did make it, odds are we wouldn't have electricity or food.People say to pay down the debt?

In older homes you have more safety concerns (lead paint, asbestos) to think about and more systems (plumbing/electrical) that might need completely updated. 2)Again, there is not necessarily a best answer on which neighborhoods, but there is a best range for every investor.

With those two, you just multiply the cost per sqft by the number of sqft that needs work for a quick estimateGet to know how much it costs to replace common fixtures such as plumbing, electrical etc.Once you have those down along with a few other things I may be leaving out, you can quickly add up all the line items to come up with an estimate.My partner, assistant, and I can quickly come up with a repair estimate off pictures alone, but thats after a lot of practice.