I had a flip that was set to close last month and then we got the inspection report back. Needed a roof, furnace and it was on a septic! I had my doubts about the roof and furnace, but I was using a new contractor and I figured he would let me know if they were bad. The home was listed as being on sewer every time it had been in MLS.
The buyers did a sewer scope and found the line went into a septic, and the septic was ten connect to the city main sewer line! After a roof, furnace and a new sewer line I probably won't make any money on this one. On a happier note I am making a boatload on another one.
Creator of Invest Four More