Can you help me understand where my analysis is insufficient?

Bathrooms need updating (there are 3 total) I believe the enclosed back patio is out of code, built on insufficient foundation.

I do not have all the answers to tax questions, though, which brings me to the following situation.Like so many Americans, I found myself at retirement time with insufficient retirement funds to take care of my old days.

Because of this, my DYI skills are insufficient for self-installation (plus I can't pull my own permit for the work anyway), so I will end up with at least TWICE the cost of a regular water heater, but really more like 3-4 times as high.  

Shane:I would offer that there is insufficient free cashflow in the deal.If you must finance, or prefer to finance, the property than your analysis of the business has to account for that financing.  

(vii) If Loan Approval has been obtained, or deemed to have been obtained, as provided above, and Buyer fails to close this Contract, then the Deposit shall be paid to Seller unless failure to close is due to: (1) Seller’s default or inability to satisfy other contingencies of this Contract; (2) Property related conditions of the Loan Approval have not been met (except when such conditions are waived by other provisions of this Contract); or (3) appraisal of the Property obtained by Buyer’s lender is insufficient to meet terms of the Loan Approval, in which event(s) the Buyer shall be refunded the Deposit, thereby releasing Buyer and Seller from all further obligations under thisContract.

I have been showing one of our rental properties, and received an application today.  This has historically been a difficult property to rent, and it has been vacant for 2 months, with no other qualified applicants at...

There is insufficient to analyze your plan.

If there is no equity or, if there is insufficient equity to motivate anyone to pay, walk away with no liability.

I would not consider a co-signer/guarantor if the primary tenant's income was insufficient or if they had other unfavorable traits that I thought they would be a disaster tenant living in the unit (like a prior eviction, criminal record, etc.) -- co-signers cannot help those things.