Renter's Insurance is a cheap date for the tenant; it protects their security deposit and assets. 

Exposed wire are a safety hazard and if they where missed by inspection  you may be able to complain as well.

@Brandon Pimm my friend and I are in jersey as well looking at Allentown as potential first rental property purchases.

There are a couple opportunities thats on MLS currently, and I am crunching through my math and it seems to work out well (positive cash flow, decent cap rate).Some key assumptions I hope still holds true today:  low vacancy rate in general. ~1000-1200/month for a room in a single family house / duplex. 

That applies to any turnkey operators as well. 

For me, the permitting process with Delta went well.

If you have a buyer's agent, you should have already signed a buyer's representation agreement and that fee/commission is disclosed in that document so you should very well know what that charge will be.If you were the seller and going to owner finance the property, what would you want to see from the buyer that tells you that they will be able to pay the mortgage moving forward. 

@Cosmo DePintoThe BRRRR is alive and well.

So buying the right location will become increasingly important here to protect you in the long-termFood for thought.

However, the 0% interest only lasts for about 12-15 months but definitely more than enough time to complete the brrrr cycle twice or maybe three times in your case since you're a contractor as well!