Just launched in November have 10 members, meet bi-weekly via a Virtual Call, shared FB group shared google drive docs where we keep each other accountable and provide constructive criticism.

It could just a joist issue which isn't an expensive fix or something to worry about.Check the ceiling for brown spots as sign of a current or prior leaking room.Window units in house means there is an HVAC issue no matter the reason given by the owner. 

You pay the mortgage 100% from the account of whoever is on the mortgage docs and on the title.You need to really educate yourself a lot in regards to accounting and taxes for real estate investment business.

I had to repeatedly travel back to the house over and over for meetings with a specific firm of plumbers that the HOA insisted come there with the brief to persuade me to believe I had pipes leaking under my slab foundation - and push me to pay them for extensive unnecessary works.The previous (independent) pumpers and the engineer had already explored all this and confirmed no such issues The Board started inviting me to take part in the morning meetings they set up monthly to argue with homeowners who have broken rules. 

VA IRRRL will have the lowest rate on a VA loan simply because they are the cheapest to originate... no appraisal, no income calc, etc, these are as close to no doc loans as you can get in 2018, and it's still a VA loan backed by the full faith and credit of the US Gov't, meaning close zero risk for the lender. 

My tenant notified me that there was a leaking in a room, that they use as play room.

MY QUESTION, why wouldn’t they disclose any of the hazards such as a former flood downstairs due to a leak, or mold in the bathrooms that they tried to hide durIng viewIng or the fact of needing a roof change and updated electrical work.

Should I create a master doc of possible repairs/costs and then plug in what I think a house would need? 

Does anyone have rough partnership docs they would be willing to share or example docs available online to sift through to help us think through the issues?

Above troubleshooting doesn't mean you couldn't have both a Supply INPUT Issue, and a Sewage OUTPUT issue.For Sewer System Leak, you'll need a plumber to do a Hydrostatic Test. 1.