My initial criteria is to look for newer built houses to minimize maintenance and upfront cap expenditure on major items like HVAC, Roof, Foundation etc..

It needed a new roof, new septic tank, water heater, well pump, hardwood floor refinishing, light reno in kitchen (paint cabinets, replace countertops, 1 new appliance), full bathroom renovation on 2 bathrooms cleaning up wood rot on siding, painting exterior.

Our biggest challenge was putting on a new roof ourselves.

I had a roof inspector who inspected the roof and certified that the roof is in good condition.

The roof is caving in and a lot more. 

Hello,I have a building with a flat roof which needed to be replaced. 

This includes examining the structural integrity, plumbing, electrical systems, roof condition, HVAC systems, and any other significant features.Title Search: Hire a title company or attorney to perform a title search on the property.

In that case, you have to break down the rents vs. liabilities, show that the mechanicals, roof and everything is in good shape or have reasonable repair costs laid out, you need to know the appreciation potential, and the comps.

IE roof repair spread over # of units rather than just 13.

Example flat roofed churches or old elementary schools.