I'm just a small time boy. Never meaning no harm.

Looking to buy cash flow positive property along the East Coast or an ready trip from ATL.

Water heaters, furnace, plumbing leaks, replacing a roof, replacing the main water line, tree trimming, microwave replacement, etc. $20-25K would be awesome but you can likely get by depending on condition for $10-15K. 

We hired a plumber (that we have used for years) to fix a tub spout leak and toilet repair.

They are cheap and will save you from future leaks and clogs.

Obviously there will be other items that come up but it's a good outline to start.AddressPurchase PriceDown Payment (20% if HM)Loan AmountRehab Cost Est Interest Rate# Holding Months Homeowner's Insurance PolicyOrigination FeeDocument FeeHOA Fee if applicableProperty TaxesTitle - Lender Title InsuranceTitle - Owner's Title InsuranceTitle - Binder Fee - Buy SideTitle - Binder Fee - Sell SideTitle Messenger FeesRecording Grant Deed - Buy SideRecording Trust Deed - Buy SideRecording Fee - Sell SideStatement Fee - Sell SideEscrow Fee - Buy SideEscrow Fee - Sell SideSub Escrow Fee - Buy SideSub Escrow Fee - Sell SideLoan Doc Signing ServiceMonthly Int Only PaymentNHD Report $99Utilities (Electric, water etc)Owner's Title InsuranceTransfer Tax - Sell SideHOA Docs Order if applicableHome Warranty $500Agent Commissions (4-5% of sale price)Wire Fee $25 per wireFiled Articles of Incorp for LLC (if creating a new LLC)ARV #Minus Down Payment Back (20% if HM)Minus Rehab CostMinus Holding Costs, HM FeesMinus Realtor Commissions (4-5%)Net Profit

Page 2 summary mentions this change, full info here:  https://hcd.ca.gov/community-development/housing-element/docs/ADU_TA_Memo_Final_01-10-20.pdf

Mobile notaries/ any sellers using their own notaries to sign closing docs shouldn’t be allowed anymore. 

And the time I spent writing the lease, screening the tenants myself, go over to the property if the kitchen sink is leaking?

house didn’t have any leak (as they say and as on disclosure form) house wasnt owned by professional investor, it’s owned by a couple who bought in 2017, completely fixed the rear unit and added 2 new bathroom in front, which they divorced around 2019/2020 based on my search, so I am somewhat thinking there not much to hide?  

I sure won't be popping up to fix a leak so property management will have to be in the budget.