The roof and A/C were just replaced, I would have have to put in a couple appliances but nothing major.

One of my properties was in the path of Hurricane Florence and while it thankfully didn’t appear to sustain major damage, there’s resulting water stain on the ceiling in the bottom floor.

Flipping in any major city requires a lot of money. in Boston you at 500k to get into a condo. then 1 million for house or multi if your lucky!

@John Moran,There are number of active investors as well as service providers who are frequent contributors on this forum.

Been reading many threads and have been looking around in the market for some time.The property in interest is a 3 family home fully occupied, will be seeing it in person soon but was told there are no major issues that needs to be fixed so I did not include repair costs.

Hey @Peter Fennig, good to see you active. 

What if you get this property, only have, at most, $2,000 set aside for any expenses and then there is a massive pipe burst issue and you have to do some major repairs?

This property is a major problem and a huge project, it is going to take lots of time and energy and stress.

major bummer. thanks for the reply david. 

Most undergraduates spend an inordinate amount of time taking "electives" that they neither need or add any value to their major.