There are many houses in Jackson, MS that are less than $15k. You can get a real nice 4/2 there for $30k or so, but I wouldn't want to live there. (My guns ain't enough) I would want a bulletproof vest and burglar bars, car alarm, a pack of pit bulls, etc etc .
This neighborhood was very quiet and next to my old jobsite, but they say a train comes through sometimes. A 80 year old lady was walking her dog there at 9pm and my neighbor would be a guy who just back surgery and lives in a 1/2 vacant duplex.
I got up early Saturday morning and me and my grandparents went to check it out. We got on the roof, which is over 10ft tall and steep, with a ladder just tall enough. It was scary, but the roof looked new with several missing shingles. The attic seemed ok, but you had to go in through a small closet, very contortionist like.
I'm really impressed by the neighborhood. It is more or less just a block off the side of a 4 lane road. The block is part of old City Hall and doesn't lead anywhere, so no real traffic.
I was so sleepy when we went there I just wanted to lay back down and had very little patience and said 'I wouldn't want this house if it were given to me' It just didn't seem worth it. But now that a bid is in, I dunno, I guess. I just don't want to blow my money that I'm saving for a house. But a good dirty house,3/1, that needs minor work is about $40k around here. We just looked at a very nice 3/2 that basically just needed carpet throughout, was $75k.
I'm ready to live somewhere and "IF" I could fix this house to being sturdy and not keep having problems down the line it would be ok, because I could still save money and have my 3/2 in a few years if I could sell this house for what I would have in it.
Sorry to ramble, so its worth a shot for $5k??? Lady said closing costs would be $450 and suggested I purchase so kind of title insurance, but I dont know about that.
