Had engineer and foundation company inspect, both said foundation was good.Estimate 60-70k in complete rehab costsARV 320-340kProjected cap 13.5% Private lender at 6%, no fees24% downpayment from personal fundsFinal plumbing & electrical inspections tomorrowI called city zoning, turns out we can build another building and add 10 more units.

Funny, as I am "not current" but rated single engine land.

I WANT MY COMPUTER SEARCH ENGINE BACK !!!!!!

I have a full time job as a Computer Engineer, I love my job, but I am also looking to learn and invest in other areas which interest me - like real estate.

Also be sure to ask questions to the engineer about what the process is with the local agencies that you mentioned. 

Had an engineer look to make sure the structure wasn't degraded, actually we made it stronger tying in the inner wall with the TGI's.

My tenant builds car engines and is confident that he can fix it.

I'm a pretty good I.T. engineer but boy I am in kindergarten for REI.

Hello BP nation.It would be my luck that the first off market deal I put under contract that I got from direct mail would be an engineering nightmare. 

We handle all of our preliminary design, etc. and use an architect and engineer to sign of on them, and then we sub out most of the other work, except dirt work we do ourselves.