I learned a long time ago, sometimes getting half of what they owe is enough not to waste any more time and money fighting with the insurance company.I shared that to say, you can file a claim with your insurance company, but they may or may not pay the claim?

A lot of different rules minimize any decent profit (you can only re-sell for 110% of what you purchased it at, can't flip for a certain time period, blah, blah, blah....)

While they should be minimal since you have a private investor, they should still be factored in.

Also, not sure why a drain line would freeze either unless the original builder of 1912 didn't put a proper pitch in the waste line.

Also, the cost of an assessment should be minimal.

That way, you'll be an expert at that niche and not waste your efforts.

Owner paid utilities properties will always sell at a discount since you can't raise the rents far enough market rates to cover for tenants tendencies to waste the utility usage since they are not paying for it.

We get our gurus to come through every so often but rather than 4-5 introductary 'seminars' we get 2 and the turn out is maybe 40 people.I still have yet to find a good wholesale deal out here but I know that my competition is minimal.

looks like they have annual income at $7700, so about $3850 plus 142=$$4000 expenses, $3700 Net, before taxes...all based on normal speculation...assumes minimal upfront repairs, no major components about to fail, and no unusually bad tenants.

It is possible to run a system like this in {almost/near} on-demand mode with minimal to no storage we are effectively doing this because we are using solar to pre-heat the source water for the system (as well as DHW).