You are best off getting a plumber out there ASAP to identify the leak and repair it.

Would you rather spend a half an hour on a phone call, and under $200 to fix a small issue now, or the other end you people being slum lords and not handling YOUR responsibilities in owning, renting properties????

I know what the rents should be for each of the units (2 vacant and 1 significantly under market), the taxes are listed on the MLS, I’m familiar with the water/sewer costs in close proximity to this building, and I know what percentage to use for my Vacancy, CapEx, and repairs and maintenance based on my knowledge of the local market.

I found several properties, made one phone call to a loan broker, paid the 1%+ and life was easy until my broker talked me into re-financing on every loan about every 3 years, or maybe, there was so me reason I had to re-finance.

I try to have my renters meet each other or at least have a phone conversation to make sure they're compatible, but even then, you just never know if they will be.

You may need to disclose that you repaired this to buyers and want to include more detailed information about what was done.

I spoke with them on the phone today, and it turns out I was off on the interest rate they originally quoted me—it was actually higher.The main issue, though, is that they told me the rate was locked, but then they raised it.

If you are going to add value to the house you might be able to get an equity line against the property to use to fix up the property or negotiate some repair money from the seller that you get at closing.

Most cost effective option I have found.Guest breaks a refillable container, no problem , $5 or less to repair.

Deductible expenses include a proportional share of mortgage interest, property taxes, insurance, utilities, and repairs.