So, it is then up to the realtor to pass that information up the line, and you can sit back and wait, without a task looming that causes a potential missed deadline. 

However, because you have $100K of capital items looming, assume you fund your capital reserve by $100,000 in year one (for simple math). 

Taxes and the looming threat of rent control and other regulation are making it less appealing to own rentals here.

The bottom line is if it makes you feel that uncomfortable then you may want to reconsider buying the home because that feeling is only going to get worse when you are dealing with it looming day to day. 

What are you hearing from private and hard money lenders about what they're thinking on loans, etc. with the 'fiscal cliff' looming, Obamacare, etc.?

I've replaced two of those in the past few years, and a third one is looming.

Coming off the normal end of year slowdown, with an election looming.

With back taxes looming, the house may be gone soon anyway.

I know you said the rehab has been done, but that doesn't mean there isn't still some looming capital expense.  

I also try to knock out any upcoming maintinece issues and budget for looming capex when I purchase a property.