Make sure he has access to common area where electric panel is so if he has issue he can reset breaker.. or any other utility shut offs.. hitting a water pipe or blowing a breaker isn't planned but a quick reset or shut off is easy if you can get to the area. 

So we bought agriculture land around 1990, around 2007 the surrounding lots and land around us have been bought for use for commercial properties, but couldn't buy our house/land for the price they wanted (they actually went to the state regarding this; the state panel said that we had the right to our land, and have the right to sell it at our price, knowing that the developers would convert it to commercial and thus our price was reasonable).The state also actually used eminent domain to pave way for the main street right off a major highway and they took about 1/10 of our property.Ok.

Here is my short list:Comprehensive lender control panel with servicing notes, status on unpaid taxes, payment history, etcA 'control center' to deploy force placed insurance, and ability to have servicer send CFPB required letters to borrowerTax tracking integration Loss mitigation services with active updates to lender on control panelAn active discussion board style system that lets the lender have a dialog with servicing staff on any matter.

JDI know what your going throughI had to learn from hard knocksit is my suggestion once you get the deal closed and you have the keys go through the building and make sure everything is off, breakers, water, gasget you a compressor and a pressure gauge to check the water and gas service- turn the meters off then you can check the service connections to the meters and not just the buildingget you a meter and turn the breakers on one at a time and check for ground faults and line voltage and label the panel accordingly to the breaker, this way you know what circuits are running which areas esp if someone has done work on the propertyas far as the split units or gas packs the only way to know if these units are operating correctly is to turn them on and check your pressures you will need a ac guy if you don't have the equipment to do this workenjoy

Might want to bump your numbers up a bit just in case.Also on electrical, take note that the breaker panel might have double tapped breakers (common back then) which is big time no-no these days.

Major repairs were Year 3 - $3800 for HVAC systemYear 4 - $1600 for plumbing issue requiring 6 foot of tunneling in year and $1000 for elecrical panel updateYear 5 - $2600 in electrical repairs2.  

It needs some upgrades, specifically the kitchen and the wood paneling walls.

I live 40 miles away, so I called the owner of the biggest plumbing co in the city and he and 2 techs dropped everything to get to the property within 10 minutes of my call.I had put a garage outdoor access remote on the outside of the house.. they couldn't get in thru that because THE POWER WAS NOW OFF.Luckily i had put a coded door knob on the kitchen door that opens to the deck-- i gave them the code and they were inside instantly.The water heater was STILL SPEWING WATER full blast in a stream so strong it was hitting the second story ceiling and hitting the ELECTRICAL PANEL also located in the garage and that's what had knocked out the power .The plumbers immediately turned off the inside water main cutoffand sent me photos of the EMERGENCY SITUATION the pm so calmly let me know about by email an hour earlier.i fired the pm co that instant and got on the phone to STATE FARM (my HOMEOWNERS/rental policy dwelling ins co) all whiledriving an hour to the property.i also called the city's best WATER EMERGENCY REMEDIATION COMpany while en route.When i got there, the water was turned off ( finally)the drywall ceiling had fallen in, the light fixtures destroyed, the garage door opener plastic case was HALF FULL OF WATER and there were 1000s of mold blooms on every surface and hundreds of stacks of spiky growing black mold (looked like iron fiilings we used to play with in that game we all had as kids where u use a magnet and drag the iron filings around to put hair and a mustache on the bald guy cartoon photo) the mold spikes were 1.5" tall on the wood railings and stairs going into the house, on all of my beautiful built in wooden garage shelves--- what a mess-- like the streets of Beirut after the bombs went off.and I don't have allergies -- but i could not even STAND inside the garage because the WET MOLD MILDEW SMELL was so strong it instantly gagged me and gave me a headache and i couldn't breathe.So here we are on Jan 17 and now i know that the BEST rental dwelling policy does NOT COVER MOLD REMEDIATION AT ALL ( so far $14,000) but it does cover water damage with a $2500 deductible...

Most of the electrical and plumbing I handle with my crew and then I have a couple other electricians for disconnects and panel box work.My interest is in talking with you first to see if it is a good fit and then possibly using my planning time and my crew for your work.My father leads my crew and he has a lifetime of experience in all aspects of building.

I was at the Inman conference last week in NYC and a company called rootstock.com was discussed on a panel.