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Real Estate Deal Analysis & Advice

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Steven Kleppin
  • Rental Property Investor
  • Manama, Bahrain
68
Votes |
95
Posts

Inspection Report came back.... worried

Steven Kleppin
  • Rental Property Investor
  • Manama, Bahrain
Posted Sep 4 2015, 09:09

Hello everyone. I recently put in an offer for a 4-plex. It's in probably a D class neighborhood, but the returns would be excellent. Property was built 1916 with some recent refurbishment (definitely not comprehensive). The inspection was this morning but I wasn't able to be there for it. Got the report back and it's more worrisome than expected. This is my first real investment property purchase so I'm not sure how serious these things are.

If someone is interested and experienced in the matter, I'd love to send it and get some feedback.

Thanks!

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