If you're going to do the math, you had better figure on a worst case scenario 
and what the current market value would be for similar houses in your area 
before you do anything.

Also consider the cost of the money you're borrowing to buy it, assuming you're 
not paying cash.

And would you have the time to do the work, and a realistic time frame to 
complete it. Then factor in about 10% of your total for unforeseen expenses.

-D

> On Jun 1, 2017, at 4:14 PM, Kaleb C. Striplin via Mercedes 
> <mercedes@okiebenz.com> wrote:
> 
> So what does it cost to have a foundation fixed? 20k? 30k? Assuming you 
> picked it up for 15k and spent 30k on foundation you are only at 45k in. 
> Still have room to do windows and cosmetic. Wiring looks to have been done 
> but would have to verify. Not sure on plumbing. It's all just thinking out 
> loud at this point. 
> 
> Sent from my iPhone
> 
>> On Jun 1, 2017, at 2:28 PM, Randy Bennell via Mercedes 
>> <mercedes@okiebenz.com> wrote:
>> 
>> Vinyl siding can be removed easier than removing and repalacing  a 
>> foundation. That should be enough to make one run unless it was grandma's 
>> house and one has to have it.
>> 
>> RB
>> 
>>> On 01/06/2017 2:20 PM, Floyd Thursby via Mercedes wrote:
>>> Vinyl siding on old house -- RUN AWAY!!!
>>> 
>>> --FT
>>> 
>> 
>> 
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