Trying to buy a new home can be a really tedious. There are so many things to examine for each home you look at, plus it can all be so time consuming plus tiring. There are exterior plus interior problems that have to be addressed such as the state of the roof plus siding, grass condition, any possible trees or other immense objects that will need removal; general condition of the house, structural defects, plus the condition of any appliances such as the oil furnace, air conditioner, plus anything the owner is leaving behind.
That is just a short list, but I think you get the point. I just got done looking at a property that I am considering. It requires a lot of work, however it is very cheap. The apartment is owned by someone who inherited it when her father died plus it needs more work than she wants to put into it. I am running the numbers to see if the deal is worth the cost. I will have to renovate everything plus get a new air conditioner, oil furnace as well as all the appliances. The ducts need fixing as do the stairs plus roof.
It is a pretty large job, however it would make the property mine in a sense that just buying a apartment that needs no work wouldn’t. I will certainly need to contract out some of the work like the oil furnace plus air conditioner, to a Heating plus Air Conditioning business. You simply can’t do it all yourself no matter how much you try.