This property is nearing the end of rehabilition. This was the first property we’ve purchased that has had copper theft/plumbing theft while negotiating. THANKFULLY we had a pre-close property inspection which led us to discover that the plumbing and electrical service had been severely damaged from theft. We were able to negotiate a $2,750 reduction in list price to cover the damaged material.
This property is pending rehab. Purchased quite recently, it is in queue behind property #5 that has broken water lines and #12 which required less work. We are hoping to start on this monster property by February 2015.