Thanks in advance.SFH for sale :  3 Bed,2 Full Bath -$100,000.00  ( Baltimore County 21207)ZILLOW VALUE : 120,000.00Average Rent : 1,600(I called 4 similar Properties Same Area for Rent -Realtor.com)I am planning on buying using my own cash and then use Fannie Mae-Delayed Financing Exception to recycle (3 to 4 weeks)my money and repeat.Mortgage Loan PI :   30 years 4.6%            $ 513.00Property Tax  :                                               $ 209.00Insurance:                                                       $  28.00Total :                                                              $ 750.00Utilities/landscaping Paid by Tenants and Major Repairs by Landlord.Cash Flow  :  $ 1,600- $ 750=   $ 850.

@Karyn SeabergWe make the tenants take care of all landscaping, and do not provide a mower.

From google maps pictures (2015) there were 5 additional homes that have been moved or torn down.EXPENSESStick built homes pay for all utilities.Park owner pays for water/sewer of mobile homes.Property taxes $2,000 yearly (166.67/mo.)Water/sewer, Trash, landscape, snow removal, etc monthly average $350There are additional misc expenses roughly $40/mo.Asking price $65k (15 yr mortgage about $400/mo.)Insurance unsure yet.  

Could someone provide examples of what mild vs extreme due diligence would look like with a 4 unit house that requires a moderate amount of TLC from the landscaping to the plumbing and electrical?

@Jake Wernitznig buyers frequently don't factor in the costs of landscaping new construction.

No allowance for new landscape, privacy fencing or flatwork rehabilitation.   

Paint, flooring, cabinets, bathrooms, lighting, windows, landscaping?

hello, I have just bought a property that needs a) fumigation (section 1), b) landscape grading to improve drainage, c) crawspace/foundation work to repair some piers and fix sump pump, and d) minor interior remodel and retrofit window. 

This is born from the industry trying to distinguish a 2001 suburban garden-style class A complex from an urban core mid-rise that just finished construction.  

.- Landscaping, add nice garden up front, trim trees, remove overgrown vines from house siding- Remove old walkway and replace with new right angle walkway to driveway instead of street- Fix up front porch, new concrete probably- Repair any problem siding- Flooring has some unevenness, joists in crawl space/basement need to be added or adjusted.- Exterior paint, interior paint - HVAC and water heater appear new, roof appears new- Interior has some water stain marks, replace drywall patches- Replace kitchen with modern cabinets, granite, appliances- Oak floors downstairs hopefully can be refinished- Replace carpet upstairs with composite flooring or nice carpet - stairs are carpeted!