Hello,
I'm hoping if you can tell me if this is a good idea -- or a crazy one.
My parents have an old 1960's ranch which has a lot of deferred maintenance (needs new roof, new furnace, new windows, entirely new kitchen, etc.) More importantly, it may have some more fundamental issues (i.e., old fuse-based wiring systems, potential water damage to the foundation/basement).
Does it make sense to pay for a home inspector to come and inspect the property for any significant issues before putting ~ $75,000 into renovations? Or does anyone have a better idea?
Thanks,