#24 rental was purchased today

this was a probate sale. it came on the market for 39.9k. not sure how long it was on the MLS for, but i offered 40k. was shocked to hear that they took my offer.

just closed on it a few hrs ago. i got $500 back because they didn't clean it at all.

budget - guessing around 17-20k, but we will spend whatever it takes to make it the nicest house on the block. ARV is around 100k, no garage though.

time? it will get completely cleaned/demoed and locked for a few months until we are done with #22 and #23, and maybe #25, which will be a flip. this one will sit on the back burner and simmer. but normally we can do this in 2 months or less. i try not to rush these things.

rent - projected around $1,

150 if i put a shed, since it has no garage.

not sure if you can see the rest of the pics if you follow the link - https://picasaweb.google.com/105275838861600742492...