Basically, for roof, siding, windows, furnace or other major components, we have a very simple rule.

When using the Pa State Workers Insurance Fund for workers compensation, do they force you to pay workers comp on uninsured sub-contractors. 

It's really no different than any other property- you need to get a really good comp on the house and not just an assessed value.

I also host three free networking events a month that are easy, no sales mingling with other investors as well as an education component. 

Clearly my expenses for the wooden siding maintenance will be higher than brick as will need to repaint and touch up every 5 years or less, and the service for the window units will likely be less (especially since my lease states the tenants are responsible for them along with appliance repairs under $150 for that rental) along with them being cheap to replace and fairly serviceable.You have to look at each component of a given property and estimate the maintenance for it based on what you know, what you have seen as best practice here, ways you can minimize or avoid the expense, and based on quotes that you get from contractors as part of your diligence period.  

However it is accomplished, this auditing is essential as there is a requisite independent testing component to any valid AML Program, whether bank or nonbank, and now for affected retailers and community owners.

It may "seem" more expensive, but all it is is one year renewable term with a built in savings component.

Well ideally you create a chart of all the components of a property and est haw many years to replace each.

For example, if you did a similar project in CA or HI, with a 5 cap instead of a 10 then the buy in price would be double, cash flow component would be half (percentage wise, before mortgage expense), but the capital gains from increasing NOI would be double (percentage wise, before leverage), and that's assuming the cap and the market rents stay the same. 

I have a lot of experience in evaluating homes and the many problems they can have.While I don't mind evaluating home structural component problem I am no longer into fix and flip (on a regular bases) because I don't want to deal with subcontractors or have my own crews to manage (unless I learn to speak Spanish) to rehab houses--I'm bored with that.