how is the credibility package coming? did you find 3 offers to make yet?

@Fabrice Siellinou you've got this! That is awesome your credibility packet is done, that is a big win! Now go get on some calls with close friends/family to flush out any hiccups in your presentation....but still ask for referrals after you get their feedback :-)

Did you decide to have the structural guy take a look?

@Benjamin Rosales If your goal is “turn-key/cosmetic” for your first few buy-and-holds (and you’re out-of-state), this one reads like a heavier rehab than you want. Major issues from the inspection: rotted floor joist in the crawlspace (structural), roof sheathing damage tied to missing drip edge + rotted rafter tails (roofing/trim), exposed/loose electrical and missing drip loop (life-safety), water heater is 2006 with a leaking TPR (replace), damaged/uninsulated ducts, and exterior wood/siding rot needing real carpentry + paint. That’s beyond “cosmetic.” My advice: 1. Either negotiate hard or walk. For a first deal, I’d pass unless the price reflects a full repair budget + contingency. 2. If you negotiate, anchor with a bundled concession based on rough ranges: structural/joist & porch $5k–$15k, roofing/drip edge/sheathing/rafter tails $6k–$18k, exterior siding/trim/paint $6k–$15k, electrical corrections $2k–$6k, duct repairs/insulation $1k–$3k, new 50-gal electric water heater $1.2k–$2k, chimney/masonry $2k–$6k, misc. safety (handrails, GFCIs, etc.) $500–$2k. That’s ~ $24k–$67k. On a $180k contract, I’d open near $145k–$155k or ask for equivalent seller credits/repairs by licensed pros with receipts. 3. Get a structural engineer letter to quantify the floor/foundation items before you commit (typical ~$300 and worth it). The report already flags a rotted joist and foundation concerns. 4. If seller won’t meet price or fix major life-safety/structural items pre-closing, terminate and move to a cleaner, more “turn-key” deal to match your strategy. Bottom line: great learning rep, but not a great first out-of-state rental unless you get a deep discount and licensed repairs tied up in writing.

@Angelica Acosta that's amazing!! I love that you guys are on the same page and are pulling together to make things happen!! Let us know when you close so we can celebrate with you!! (and be here to support your next steps 😁)

@Angelica Acosta My pleasure! It has been great to see your growth...keep it up!