Cap Ex was relatively high last year due to a water line leak wiped out a good portion of the profits the Cap Ex that year was around 48%of rent since rent was lower.

An example of my recommendation to a new investor is to go buy a house with easy re-sale, that needs superficial changes such as painting, landscaping, new carpet, roofing, etc. 

He determined the roof support beams hadn’t really sustained any structural damage.

It is your job to ferret them out.His company name is Columbus Roofing and more 

On Saturday, 6/29, in the late afternoon, for the second time within two weeks, the sewer trap was backing up....thank God for leak sensors. 

The property I got is in the medical center, a $260k, 4 bed, 2.5 bath house, newly replaced roof, 20 year old AC, 20 year old water heater, all old appliances basically, high water pressure, and yeah overall outdated house that needed some touchups.

It’s 4 years old and had a recent leak.

Today I went to look at the meter and I didn't see a constant usage that I thought would be a sign of a leak in the pipe between the meter and the shutoff valve.  

Also, it is a great way to learn many real estate skills while maintaining a roof over your head haha. 

Flooring, walls, roof, electrical, egress with windows and I think there is something about having a door that exits the home... not just into the home.