@Nick WardWelcome to the community.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

Real estate is one of the most powerful wealth-building vehicles—but only if you know how to play the game. 

I am over them and can't do this anymore. 

On buy-and holds we usually replace all the plumbing with pex, no matter what, because galvanized has a life expectation of about 60 years, so I usually take the sooner than later approach.Stick with hard money, like Mach1 or or MKE hard money (Scott Lurie) as they will not leand on a deal that does not pencil out, so you have the added benefit of someone experienced looking over your numbers.

Your plumber should have the answers.

If it's worth $1.3 million today, it will be worth $3 million or more in 20 years, you'll have paid off the debt (or most of it), you'll earn at least $3 million in cash flow over those 20 years, and you'll have tax benefits.

They had about 90k into the property.

I am a Broker Salesperson in the Jersey City/Hoboken area with over a decade of experience and have worked with many investors. 

As a lender, it is my firm belief that honesty, transparency and service are the most important factors.