Gluttons for Punishment

So we're thinking of making an offer on another Alameda house. This one is another fixer upper. We went to an open house last weekend and we met the owner. Strange computer programmer type. Most of the houses we have seen have been staged and recently painted. This seller didn't even clean the house. There was dog hair everywhere and his tightie whities were hanging in the back to dry. I mean, at least take them down! There was a hole the size of a fist in the closet door in the bedroom. The flyer was not updated because it still said that offers were due on June 12th when we saw the house on June 24th, so I guess that they haven't received any yet. You would think that the agent would at least print new flyers- and the photos don't even do it justice. There are good things like the built-in shelves in the living room, but there are no photos of it. So why are we even interested in this place?

It's got a lot of potential and lots of walk-in closet space. These are probably some of the biggest closets that we have seen in any house. It's listed as a 2 bedroom 1 bath, but it also has a basement that used to have a finished bathroom (he started renovating it and never finished) and kitchen. We think that we could also put a guest bedroom, playroom/family room, and maybe a little desk/work area in the basement. We probably would make these changes a little further down the rode and just focus on the upstairs. There is also a cute little sunroom in the back. The way we figure it, we know this place is gross now, but we don't care if we're just going to replace everything and gut it anyway. We're still planning on giving an offer below the asking price, so cross your fingers! All we are waiting for is for a contractor to do a once over and give us an estimate of the costs for renovations.