I’m a 19 year studying mechanical engineer.

If these mechanisms are not in place we seek out an amount from seller to be held post closing for repair or replacement of big ticket items.

6.What can you tell me about the mechanicals?

This is in the Los Angeles area.What are the mechanics / logistics around this?

With a house that big, I would say about 100-120k would get the job done unless you need to do major mechanical updates!

This property is a former auto shop, however, he has no intention of using it as a commercial space to sell services or products.

These will be your "playback" mechanisms.  

Auto Liability:  Even if you do not own any autos, you should make sure there is coverage for Hired Autos & Non-owned Autos is included on the Liability coverage.There's no way to accurately estimate the costs of the various policies without more info.  

I stepped away from my real estate goals years ago when my son was killed in an auto accident, and suffice to say that recently I made the decision to get back in the game doing what I love. 

As I get closer I want to make sure i hav the right systems in place to give existing tenets and new tenets proper leases, give them my contact info and get an auto rent pay system in place.