Hair on fire is an accurate description but I have learned to accept the flaming head and walk through the fire.Thank you for the wealth of information; I have been reading a lot for the last few months and plan on kicking that up a notch now (and kicking up the action notch too, reading must correspond to action as well)Quitting my job, selling a property and moving would rack up expenses.

We have 2 houses that we like. by the way, we only have a 7m old child.The first one is in a Levittown 223k, 0.16 acre ( Pennsbury school district) good school district. no major work needed, but we still have to spend money on a few things. our major concern is that it is the most expensive house in the block. vinyl floor. doesn't look durable but it's new.the second one is in the Bensalem 270k, 0.18 acre( Bensalem school district) it needs a little work like new hardwood floor, new appliances, and the master bath need a little work plus it's small but functional.taxes are reasonable on both.which one sounds like a better investment base on the description above?

I am afraid the seller and the buyer would eventually get to talking then find out how much I paid for the property and how much more I am selling the property to the end buyer.There is one more issue with the description of the property.

I spoke to three people about a block I plan to purchase a home on, and without asking a thing from either I got a description from each.

The scope of work description would have to be the equivalent of one to build a new house.

In my primary city you have to have a permit, and they do inspections between tenants, if they see a new hot water heater they check to make sure you had a permit,,if you didn't its a big hassle.I have a great plumber I trust (note that "cheap" was NOT included in that description).

Lol.As far as people on BP who fit this description I believe Omar Khan is one of those people.

Look for the legal description and see if there is a MTG (mortgage) recorded.  

Below is a job description that comes with quote if that'll help.- mold remediation- gutter repair and roofline repair- tape and seal off entire sunroom for treatment- disposal of all items in the sunroom- replacement of 7-8 blinds affected by mold- white suits for workers and etc. - dumpster rental- demo of affected sheetrocks and replacement

Rama, to find out the terms that each lender offers please read the detailed description at the link you referenced and for additional info you can contact each lender and inquire with them directly (terms are subject to change).