You can certainly find good PMs in Columbus - and I would and do recommend my guys all day - but their time is valuable: asking them to drive out there for maintenance, showings, etc will either be a rejected ask or come with a $$expense for their time and gas that quickly scuttles deal economics2.

The only thing that worries me are bulges on the drywall at three different spots cause by leaks.

Efficiency will be paramount with this property, especially considering that natural gas is not an option.  

I’ve had WAY more damage from leaking water supply lines than intention tenant damage, most horro stories are just that.

Tenant pays their own heat and Electric.asking price $265,000.00taxes $7500Unfortunately I don't know how much the water bill and gas bill are and don't know what the extent of the rehab for the remaining 2 units.Any advice, comment or replies to this thread will be greatly appreciated.

Natural gas installed for heating and hot water.

We ripped out the carpet yesterday, and the wood floors may or may not be salvagable.I opened up the wall behind the bathroom yesterday to chase down a leak, and found some bad plumbing and some mold and rot. 

Maybe there is a memory leak?

Hand your business card to everyone at the gas station next time you stop to fill up.

Since it is a 2 story unit I do worry about a leak in an upper bathroom creating problems on both floors.What deductibles do most investors have?