Maybe find out you didn't replace cathodes, and the water is harder there.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $4,000

Cash invested: $15,000

Bought land with 5 mobile homes on it cleaned it up now it's my construction y...

Going to find seller financing deals with 0-10%, finding limited partners who want to double their money in 2-3 years and cover all cost, pure sweat equity.If i close on a multifamily thats worth $1m now, 10% down seller financing so bank isn't involved, after value add it's worth $1.5m, that's a 5x on cash.

You should be calculating Cap Ex for all long term items that will need replacement at some point - appliances, roofs, ac, water heater, etc.

Hvac, Insinkerator, furnace, water heater, toilet, fiberglass tub, roof, driveway, etc...Here's a link: https://www.hud.gov/sites/documents/EUL_FOR_CNA_E_TOOL.PDF You might also want to consider a home inspection for each unit with a written report, and a sewer cam report.Good Luck!

Yes for houses directly on the water (such as the bay) and in a flood-zone.

From a purely REI standpoint you should keep debt for leverage and to get a better Cash in cash return.  

Currently, there's only one water meter for the entire duplex, and historically, I've been responsible for paying the water bills every month.However, I believe it's time to transition to a system where the water bill is split between the two tenants.

Of the 3 cities, I am leaning towards Charleston since it is bounded at least partially by water and wetlands which would prevent large-scale urban sprawl and increased supply of housing.

Keep all lavatories, sinks, toilets, disposals, pump systems, and all other water and plumbing apparatus in good order and repair and shall use same only for the purposes for which they were constructed.