Quote from @Kathleen Park: I recommend you educate yourself on "ordinary wear-and-tear" vs damages, depreciation, and your state laws.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

@Jim K.Normally I agree with you guys as your comments have provided me with plenty of knowledge and education.

Typically reno scope/rents/insurance/etc. are very market-specific, so building your analysis muscle for your chosen market is important so that you go in with the best possible chance to make an educated choice on purchasing.

Jack - I like the structure of the mailer... blend of educational content as well as a call to action/request.

Will keep educating myself. 

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Lastly, stay informed and educated about investing.

Hi BP.I have been stalking the forums for a bit, reading books, listening to podcasts and educating myself over the past year.I am Danish and came to the US (SF/LA) for love - got divorced but stayed for the adventure.

God bless the unfortunate and educate the uneducated hopefully with this thread we can raise awareness.