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Next recession
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It's not coming anytime soon. There's plenty of capacity for additional debt take on. It feels like the late 90's all over again, my mailbox is stuffed full of offers to take on lots of debt at low to no costs. So the stock market should double in the next few years, then housing will eventually follow with another double of its own. After all that, maybe we get a pullback that's labeled a 'recession '
Have the tap water tested for lead.
https://www.bloomberg.com/view/articles/2017-07-18/too-many-americans-live-in-a-mental-fog
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Here is the zillow listing, I am already the tenant, and the goof trying to sell it, it is family owned, I could buy it for 80k.
http://www.zillow.com/homedetails/925-Northport-Dr-Madison-WI-53704/55431065_zpid/
It needs roof, dishwasher, bathroom ceiling vent fan, and landscaping to stop the water seeping into the basement which I'm not to worried about as it just runs over to the drain anyways. Just need gutters and to fill dirt is all. It just seems like a no brainer for the price.
I just sold my last house about two years ago, it was in a suburb 30 miles out of this city. This is smaller, and would double as a rental if I have to move.
Still, just the taxes alone make me shy away from buying anything in WI.