Maybe they do everything by the book but they never address the roof leak and they decide to walk away from the property now that roof leak is your responsibility again.3.

The pros is it's got a great exterior with steel siding and a new roof. also has a 1200 sqft shop that is insulated.

Age of roof, electrical, heating & plumbing systems?

Unless you do upgrades to depreciate, like another roof, large appliances, AC unit etc.

The HOA funds are limited and if something happens, there will likely be a special assessment; roof and/or exterior paint are the big ticket items that are near end of life according to building assessment. 

Per home it goes away with one ac unit, or new roof, or a month of vacancy at each property, especially with unit turns. 

Purchase price: $605,000 Cash invested: $242,000 Sale price: $1,012,000 We converted the garage into the kitchen and took the roof off the garage and added a master suite.

This has put a cut on our cashflow and we have had some major expenses, like a new roof,  water heater, bathroom remodel, and kitchen remodel all done at the 3 bed house.

Unemployment through the roof, millions losing their homes.  

Brand new roof and each unit is good in terms of renovations. water heater from 2017. only concern is HVAC system is 14yr old, that’s the only potential cost that i see that could occur within the next 3-7yr.