Estimate is high, try shopping around and potentially invest in better flooring like others mentioned on the post.

Yeah, I’m having a hard time believing you want to cancel because you had some “potential extra risk”, you did agree to let them do some work, as opposed to you think the house is worth more now.  

@Jason DiClementeIt is done professionaly based on home inspection carried out by previous potential buyers that fell thru due to buyers income situation. i dont plan to.apply permit in short span, long term i will have to spend more money if necessary to right things, that is the risk i thinks is woth taking for the deal.Thanks for your suggestion.

@Dan Heuschele I think we are on the same page that even the rough parts of San Diego are mild compared to some of the larger cities, I just don't want people thinking Logan Heights is anything like some of those areas you mentioned.I feel pretty optimistic about the potential in the area, you should check out the San Diego City revitalization plan for Southeast San Diego if you want to see what might be in store for some of these areas. 

I just found out that a rental property I own is within 200 feet of a potential new site for a fast food restaurant.

Keep me in your list of potential buyers in the area! 

In BRRRR, you buy a distressed property or at least one that has potential for substantial improvement, rehab it to build equity, rent it for positive cashflow, and then refinance out what you invested or more to have funds to do the next deal.

If an old rubber hose were to burst on a washing machine and nobody was there it would just keep flowing out water like crazy potentially ruining a apartment. have seen it happen at work.  2.

Hi Max, Congratulations on the potential storage unit rentals.

In/around my college there are a lot of foreclosures with a lot of potential, I am pretty handy and can do most the work myself while going to school, even hire my buddies for cheap labor.