I got cold feet after the inspection revealed issues in the bottom unit including the 2 gas space heaters not functioning (going into winter), the flooring caving into a sinkhole in the kitchen without the ability to determine cause, and all the drains outside leading to the sewer were collapsed causing fear of flooding.

I have a rental property that has a unique roof as seen below:Leaves clog this drain and the roof in the upstairs apartment leaks.

Would like some advice on this deal - thank you in advance SFH under contract for $106k (current owners purchased a year ago for $59k and did lipstick on a pig) - neighbourhood nice b /class neighbourhood - no crimeInspection brought up a few things Asbestos tiles in the basement, im told they are fine but I would prob want to epoxy over them to be safe though not needed I just dont want to have anyone at risk ($1500)Roof will need to be replaced in the next 1-2 years ($8-9kish)Garage door needs to be replaced ($700)Stairs and driveway need to be addressed ($2k)Had drain scoped needs to be cleaned out ($500)AC is working but on the way out ($2k)a few windows needs to be replaced and smaller stuff etc - looking around 15-20k out of pocket to get home up and running Now all done up this home will appraise for $120-125k and rent for 1400 a monthhowever and I understand the sellers want to make some money (home was sitting on the market for awhile) but this is a pretty big list of big expenses and while I dont mind taking them on to be all in with zero meat on the bone from an equity standpoint seems not ideal as I will be locking around 40-45k up in the property.Insight appreciated - thank you for getting this far

Would like some advice on this deal - thank you in advance SFH under contract for $106k (current owners purchased a year ago for $59k and did lipstick on a pig) - neighbourhood nice b /C class neighbourhood - little crimeInspection brought up a few things Asbestos tiles in the basement, im told they are fine but I would prob want to epoxy over them to be safe though not needed supposedly I just dont want to have anyone at risk ($1500)Roof will need to be replaced in the next year ($8-9kish) and chimney needs workGarage door needs to be replaced (has a hole in it) ($700)Stairs and driveway need to be addressed - very bad trip hazard, driveway needs serious work ($2k)Had drain scoped needs to be cleaned out ($500) but otherwise goodAC is working but on the way out in the next yeara few windows needs to be replaced and smaller stuff etc - looking around 15-20k out of pocket to get home up and running Now all done up this home will appraise for $120-125k and rent for 1400 a monthhowever and I understand the sellers want to make some money (home was sitting on the market for awhile) but this is a pretty big list of big expenses and while I dont mind taking them on to be all in with zero meat on the bone from an equity standpoint seems not ideal as I will be locking around 40-45k up in the property (from DP and fixing cost) and homes in this area appreciate around $1k a year - so not much appreciation potential Insight appreciated - thank you for getting this far

If things are going down the drain that should not be going down your drain your lease should address this and simply follow that. 

I can do most of it remotely, but there are times where I really need someone on the ground to run an errand for me, like meet the utility company and show them where the trees need trimming near the power lines, to drain the water heater, etc. 

Have good water heaters and drain annually.

Tenant should pay for all repairs during the tenancy (agreement to this clause may indicate if it drains and plumbing were kept in good repair.) 

My property manager went there several times and saw no mold in the basement and maybe some light mildew on the drain pipes from all the unusual rain we had this year but that's about it.

And yes, concrete down the drains/toilets would qualify as willful lol.