The property needs some fairly standard improvements: fully updated kitchen (existing is old 1950's era metal cabinetry), refinish floors, painting, reconfiguration of the 2nd floor bathroom and moving the laundry room from the nasty 4.5' tall basement, up to the nicer 1st floor.I used zillow to find the three most recent sales, on the same block and arrived at an ARV of $85k.

The house I chose is a 50's era, pre-fab manufactured house by the National Home company.  

Hey @Irko Maurizio Sera thanks for the shoutout!

This is a 1900's era house, and I am thinking that since excavating is involved, I would likely want to replace the water main from the city's shutoff to the shutoff in the house also...Basically, I am trying to decide if I want to continue forward with this purchase or walk away from it...Thanks!

Looking for insight on which buildings would be better for investing. 1920's era vs 1950's.

If it's a newer building (60's era or later), it may be a very livable basement so long as it stays dry. 

@Alex McGhee -- Below may help you get started:Stage 1: Educate Yourself on the Probate ProcessStep 1: Spend 1 Hour Reading about the Probate Process in Your Stateo If property does not go into a Trust then it goes to the Probate processo Google your state’s probate process and educate yourselfStep 2: Practice Explaining the Process to SomeoneStage 2: Get the Probate ListStep 1: Find Location of Probate Records at the County Courthouse or Town/City HallStep 2: Search for the Probate listings on the Computer, Day Book, or filesStep 3: If your courthouse has a computer system Record Volume and Page Numbers in ExcelStep 4: Pull Volume & Page for more Detailed Information.

I am not sure that is super appealing.6)  So I have been reading some stuff from companies like Sera Capital and it seems like they say 721s are the way to go due to the low fees vs DSTs constantly turning over with high fees.

@Joe Sera Thank you for your input and I totally agree.

I used about 600ft of 12 ga as I like to run 20 amp outlets.We have a 1960's era 6plex in a town nearby that does not require permits for electrical & plumbing.