They "condemned" due to a toasted breaker box, but he shared other issues unrelated to the recorded condemnation like, the condition of the floors, the kitchen, and the drywall.I wrote up a list of repairs, consulted an attorney, and requested a Price Reduction (not a credit for repairs) from the sellers agent. 

The most common issues are dirty air filters, bad capacitors (usually go out in summer and can be ordered for less than $10 on Amazon), bad breakers (usually trip in winter with electric step heat), dirty coils (I clean coils during tenant turnovers), bad thermostats, and low refrigerant.

Much harder to find them on own land from what I have seen but that is not a deal breaker.

How many general circuits are there, 6-7?

I suggest contacting mortgage breakers to help you understand how much less you’ll qualify for by taking out the loan.

What are deal breakers when it comes to choosing a property management company?

I don't really care about traffic violations, but even a misdemeanor vandalism or assault charge would be 100% deal breakers for me.

Is this a deal breaker for you?

If the numbers make sense, I wouldnt see this as a deal breaker, but i would probably budget some money in case you have to deal with immediate turn over or evictions, plan for the worst and hope for the best.

Court of Appeals, Tenth Circuit; 15-9005, June 24, 2016) in which the individual was a partner in a GP and claimed he was a passive investor and therefore not subject to SE taxes.