Flip gone bad - need some advice

[Jim Piety]

Fellow investors!

I certainly lucked out in my first flip down in San Antonio. Purchased it through a wholesaler after doing a walkthrough with the contractor. Per wholesaling contract, I have to do all due diligence upfront and did not do a thorough inspection. Turns out this house does not have a sewer connection. My contractor says this is a first for him after 18 years of flipping homes. How often does this sort of issue happen?

Regardless, I am now facing a significantly larger plumbing bill that blows my contingency out of the water. At this point, I don't know what to do other than accept the loss, hope the market continues to climb and increase the ARV, and move on.

Is there anything else I can do at this point?

Thanks!

[Russell Brazil]

Is it on septic? That poop has been going somewhere since the house was built......unless it was built on a big sinkhole and the poop is falling to the center of the earth.