Is this normal or is this part of the negotiation we can do? 

Before this, I’ve come across several older multi-family buildings that lack central AC (tenants use window units), don’t have in-unit washer/dryers, or have smaller square footage.Being from Boston, these issues wouldn’t normally be deal breakers for me, but my realtor mentioned that they might be for tenants in Columbus.

And while travel is going to be expensive for any property, if you only have one in a market, the concept is the same with less rent: that $2,000 flight/hotel/rental car food for a one night visit, ties up a lot more of your gross when that gross is much lower. 

Normally, you would only depreciate based on the life of the equipment, which could be as little ten years nowadays as a recent article mentioned new refrigerators now last 10 years or less.However, for taxes, you can do a section 179 election for equipment purchased for less than $1,160.

Have you found that capex, vacancy and repair rates to be normal (10/10/8 percent) or are they higher in the area ?

I have paid off student loans, my house, credit cards, car and have 100k that i would like to invest.

State law normally requires to lease to automatically transfer with the property.

The company doesn't really have a "credit score" or "eviction history" so I'm thinking about asking for 1.5x or 2x monthly rent as a deposit (we normally do 1x month rent) just like I would for a tenant without established credit history.Thanks!

@James McGovern, while I don't necessarily agree with your language, I certainly understand where you are coming from.If you truly want to exploit them, then continually report code violations: long grass, broken windows, broken down cars parked on property, anything that will keep racking up the nuisance issues of the property that the landlord not only has to handle with effort but also with money...But, assuming you don't want to go to that level, find the owner and reach out.  

I would normally ask for that before I put in an offer or the offer.