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Updated about 10 years ago on .

User Stats

26
Posts
10
Votes
Mark Tomes
  • Davisburg, MI
10
Votes |
26
Posts

steep steps? Pass or acquire

Mark Tomes
  • Davisburg, MI
Posted

I am about ready to put in an offer on my first fix and flip and have a question regarding steep stairs.  A bit about the home:  3/1.1, 875 ft/sq, basement, 1 car garage, dead end street in a blue collar neighborhood (Waterford, MI Metro-Detroit, Oakland County).  The house is solid and I may be able to pick it up for about 35k, might need 15-20k in rehab/repairs/updating all work done myself and sell for about 70k (probably through the realtor who is helping me with the purchase).  Rentometer.com says $975 is mid-low for a 3/1 in the area.  The only problem I have with this acquisition is the set of stairs going to the 3rd bedroom upstairs, they are steep but not atypical for a 1920's build.  I think this home is destined to be a rental, maybe not my rental but a rental.  Does anyone have experience with steep steps?  Would you be concerned as a landlord having a home with steep steps?