Our concerns were as follows:1) Heat and A/C are 22 years old and will need to be replaced almost immediately.2) From photos, it looks like there are some trails from termites...nothing mentioned about it though on the report so maybe they're old trails.3) Exhaust fan from bathroom not ventilated properly, which I know isn't a huge deal.4) All of the piping is galvanized steal and definitely rusting, so will have to be replaced at some point...not too sure when though5) Is is only a 60 amp breaker panel so I believe the electric would have to be updated, as well as run grounding wire to the outlets.I'm deciding what my strategy should be seeing that I'm already stretching the budget (not unsafely) just to cover the down payment and closing costs.

Unless your starting out as a multimillionaire, you'd exhaust your funds very quickly.In Jason's case though, he was able to capture 1k a month rent on a 70k all in home. 9k in closing costs represents one eighth of the funds needed to repeat his original deal. 

Exhaust your conventional financing options first because those loans are way cheaper than conventional money and just get yourself an umbrella liability policy to cover any liability issues you may encounter.Welcome to BPBest of luckStephanie

Dude @Mike Reynolds, seriously nice buildout, and exhaustive photo coverage to boot!

Dear experts,I passed my property management exam last year and try to do the trading exam this year, I also have a part-time IT job which can make me 6 figures, however I am super exhausted to handle both.

I have only had mice occasionally but in the past 2 weeks, I trapped a flying squirrel that got into a relatively new construction cabin cause the builder put the wrong vent panel on one of the bathroom exhaust vents.

You need to dig, then plumber, then concrete, then carpentry, exhaust fan, the  materials electric....If you dont know anybody can go up to 10K.

I took a leap of faith pretty much and exhausted most of my resources.

I can go on for awhile but I'm honestly exhausted just from thinking about this topic.

On one side it appears the neighbor is running an automobile shop with a large ugly exhaust from a wood burning stove, and the other side seems to be either a hoarder or collects old lawnmowers and such.