We bought a pretty nasty outdated pot house. Yes, they had a "Pot room", the carpet wreaked.
We bought our house for a great price and spent about 50K fixing it up. (New kitchen, 1 new bathroom, new carpet, new tile, fresh paint, new doors, new light fixtures)
Always look at the potential of the house. When I first walked in the house I said there was no way in the world I would ever buy the house. It was nasty! But with a little money my house looks beautiful!
The problem with a house is that things break. Last week my AC broke and we spent $650 fixing a 20+ yr old unit. The house needs all new windows and a new front door. There will always be work to do in a house.
At least the money that I am paying in mortgage I will hopefully get back one day when I sell my house.
First time home buyers are at an advantage with interest rates. I am paying 3.625%