Thanks,JaredI'd only pursue this if there is an big upside for appreciation, or if you planned on keeping the house forever as a rental.Run the numbers, subtract 15% a year for vacancy and on going maintenance and repairs during each year, subtract 15% per year for maintenance and repairs to get it market ready once you decide to sell it.Example if you were to keep it for 5 years and sell at the end of five years:12x$200=$2400 year gross profit15% for vacancy, maintenance, repairs ($-360.00 per year)= $2040 gross profit per year15% set aside to repair, repaint, replace to get ready to sell on market = $1800 $7000-$8000 net for 5 years of rental.Appreciation over the term you would keep it would be the only incentive, and it could be a big reason why to rent it.

Too many people are scared of townhouses and condos, but you are protected against a lot of the repairs of single-family or multi-family ownership.

If the HVAC goes out the warranty will pick up the repair and/or replacement.

Yes, I would contact the pest control company and demand they pay the cost of repairing this.

Then all you realistically can do is manage bookings, delegate to handymen for repairs and hire cleaning service.

@Derek BellWhat would the after repair cap rate be with a 362,000 NOI?

For a BRRR cash-out refi, lenders typically go by the ARV (After Repair Value), not just purchase + repair costs.

The click on / locking type seems like what most investors use, but repairs seem difficult without having to re-do a large area. 

How much will be due in repairs over the next five years? 

My best advice for a new wholesaler is to learn your repair costs.