The water leaked through a shared wall into their neighbor's space and repairs are being made.

Think about how you can make these properties better for the next person to live in, whether through repairs, renovations, or improving the management.

I would make sure they are both up-to-date on repairs and mechanicals before investing in a third asset that could have repairs come due all at the same time as your others.

., repairs, maintenance, insurance) associated with a rental property.

We would handle the guest communication, coordinating cleaning, minor repairs, stocking supplies, calendar management, etc.

The buyers need (not request) a full 5%-6% seller assist and become complete menaces and eat into your margins with lengthy repair addendums following inspections. 

:) Its generally a good idea to know the condition of a property or level of expected repairs so you can anticipate those repairs and build them into your bid for the property.

Who is paying rent, who's always late, who's calling for what repairs. 

To share some numbers- I bought one in 2022 for $230k (I went over asking and that was a mistake), but got 28k in repairs paid for by the seller and then I put another $42k into it for upgrades.

I'm looking for a 10-20 unit, built after 1960, needs repairs and the unit mix are 1 bed and 2 bed because most people don't rent out 3 bed.