I got the estimate today from the contractor regarding the 4-plex. It actually came in a LOT lower than I had thought it would. I won't go into detail of the amounts right now as I still need to discuss it with my wife and arrive at a decision. I seriously doubt the Seller follows this blog, but just on the outside chance he does, I don't want to give out the information just yet. I will say this, though, if we DO accept this estimate and use this person (we may likely get another bid, just to be sure), I will definitely tell the Seller he will either have to make the repairs himself or reduce the sale price by AT LEAST the same amount. I'm opting for the latter, as I want to be in full control of the situation. IOW, I don't want the Seller to control the repairs and I get 'snowballed' because they weren't done adequately (or at all).
BTW, my tenant is late with the rent check (no surprise there!), but I don;t mind the extra late fees. :-)
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