5 Property Features Amateur Investors Should Avoid

Although there are people who specialize in dealing with these various problems, for most people, especially novice/amateur investors, it’s best to avoid properties with any of these 5 characteristics:

1. Properties with environmental problems
2. Properties with structural problems
3. Properties located next to gas stations
4. Properties that currently or previously house a dry cleaners
5. Properties with functional obsolescence (i.e. knob-and-tube wiring or fuses instead of a circuit breaker box, bedrooms with no closets, or tiny closets, 5 bedroom 1 bathroom houses, one electrical outlet per room or rooms with no outlets)