I've been looking around casually for investment property - single family homes. There's one at the end of the block from my house that is a good 'fixer-upper' so I took a look. I've been told I could get it for $20k, despite the higher asking price.
One walk inside and you immediately see why a low price. The floor is like a rollercoaster. It varies in height as much as a foot. No stranger to levelling a house now, I thought I'd look underneath and see why. ch_query = 'landscaping';
It was built not too long after mine, but apparently built in a much cheaper manner. It's a 2 bedroom craftsman bungalow, with the same stained wood trim (not painted over like mine) as my house. They've added stucco to it since the original construction.
A glance underneath and I was ready to go. The house was built on large wooden beams - set directly on the ground. Those beams are rotting through, and there's likely termite and/or rot going up the walls.
It's sad, but that house is never going to be livable.imported-48