Would you make an offer? Concrete slab issues.
There is a vacant house next to a investment property that I just purchased.
The house was inherited by a family member and has been vacant for sometime. The current owner said the house has a concrete slab that needs to be leveled and has caused a water leak under the floor. Other repairs needed to the brick and interior.
I have only purchased one investment property so far and it is a pier and beam house. I have no experience with a concrete slab renovation. Would it be worth making an offer? Or would the issues associated with this property cause me more headaches and to much money? General cost for leveling slab (small aprox. 1300 sq. ft.)?
Advice needed.