I will go walk through the building on the day of closing, but say in the event the seller does a quick/cheap repair and the leak reoccurs just days later, I don't want to be stuck with a sewer/plumbing bill right out of the gates with my first deal.How can I make sure these repairs are handled properly and do i need to add in additonal language to the Purchase Agreement to better protect myself in the event this sewer clog/leak happens again shortly after closing on the property.Thanks

What kind of features: security cameras, electronic gates, shipping/packing materials sold on site, easy access to many local living spaces, etc?

The monthly fee goes towards common area landscaping as well as  enforcing rules that keeps the neighborhood nice and uniform, lawns mowed and yards weeded, houses painted, trash cans behind gates, cars parked in appropriate spots, etc.When I drive my neighborhoods I never have to worry about a trashed house next to my property, a car parked on the lawn next door, homes in disrepair and in need of paint, etc.The tenants I attract expect their neighbors homes to be just as nice as mine.No downside to HOA’s in my opinion.

However we cannot replace this dirt for what we paid for it and we have about 30k in equity in each lot right out of the gate..

our place in Summerlin is in a gated community and much of Vegas can be as rough as anywhere I would not live in that area in a non gated community that's for sure.. 

I show up at 6 am/pm and every person going through the gate has to pick a marble out of a covered box. 

Currently tenants have to manually unlock a padlock and open/close the gate which results in an open gate a lot of the time. 

I know you said the one is good as-is, but I have never bought a property that didn’t need some things right out of the gate.

If you try to play with the big boys out of the gate and make a mistake on your underwriting the market will NOT save you! 

I would dig into the past operations/financials of facility and then evaluate how the facility is currently being operated (how are they collecting rent, how are they renting units, security cameras, security/auto gates, building condition, types of doors and locks ect....) and determine if there is any value that you can add or would this be a turnkey purchase?