b.Was it paid from the rental bank account? 

Unless you have evidence the tenant caused the crack, you are out of luck.It sounds like there should be a bead of caulk between the sink and the wall to prevent water from seeping down.It also sounds like you should inspect at least once a year so problems like this don't go undiscovered for so long.

Purchase price: $85,000 Cash invested: $60,000 My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead.

Mendy,We are sorry to hear about the unfavorable experience you had speaking with one of the reps at RTR.

The things that give a rental a value in cashflow are benefits to the tenant in the form of living amities. 

4 points is sometimes steep but the  low loan value is thenissue note that - it's really 4700 fees for closing as the rest are prepaids etc. 

I have a number in my head after the showing I went to today, but the wholesaler's number and mine are not close.

--- The worst condition a property is in, the fewer buyers interested, so the bigger opportunity it respresents. 

We toured the property and went under contract the next day.

When investing in real estate, the goal is always to maximize returns while minimizing upfront costs.