Hey folks,I have couple questions: I'm new on this and during my initial marketing I found a house (built in 1952, 1196 total sqft, 3b/1b, lot 0.34 acres) in distress (it needs to be rehabbed, new roof, new windows, a couple of foundation problems and right now it is empty), this used to be a house but now the land is ruled as commercial, it is on a busy street in front of a little gas station, and few houses from the same block have started to be used as commercial.My questions are, how do you start analyzing a deal like this, where an old house is sitting on a commercial land?

There has to be a window in the bedroom to let in light.

Look below this Window, and you will see a list of names of people that have posted in this thread.

From the window shopping and research I've done, the best deals seem to be the fresh ones on Loopnet, whereas the worst (or at least the sketchiest) are usually the ones on craigslist.

All new systems HVAC, W/H, repluming, new windows and doors and hardwood flooring) with cost and dates. 

My intention is really to buy multiple properties using 20%-25% done, but I was hoping that due to the time constraints with the 1031 exchange that if I couldn't find enough suitable properties that I could use a full cash purchase on one or two to complete the process within the 180 day window, then cash out refi to buy more properties. 

I think investors miss out on some free money when they don't check out some of those sweet rebates for things they are already doing (windows, insulation, ceiling fans, toilets, plants, etc.).  

My fear is something going south with this purchase and us not getting a loan in time and someone else buying the property before we can.The asking price for the home is 85k, needs possibly a new roof, HVAC, the pool is in bad shape needs new equipment, walls have holes punched, and windows all need to be repaired, this will be a full rehab.

The types of people you will need are the ones you listed above but also roofer, window man, granite supplier, attorneys, accountant, bookkeeper, real estate agents, insurance agents and many more.

Even with the nice windows at ground level, residents tend to prefer above-ground.