be ready to fix some leaks. 

They could have issues with your property IE a tree root is making their sprinkler system leak etc.

You do not have an expense for management (I assume you are self managing)  Also you do not have electric, water, or gas bills factored in. 

In other words, I am afraid their security deposit covers all my effort and labor as well as the amount of gas I burnt to reach myself to the house every day to revert everything back to the situation they entered the house three years ago.

I’ve seen brand new patios slope back towards the house, joist hangers attached with deck screws instead of nails, brand new roofs that leak, etc. there are a ton of hack builders out there creating problems for whoever buys the houses they build that’s why it’s recommended to hire an independent 3rd party home inspector even for new construction.

The rebound of oil and gas coupled with effects of Harvey are making Houston market very interesting. 

cold glass, ice clicking in the glass.. ptchhhht, bottle opens.. gobble gobble pssshhhhhht as the gas settles pouring in that black liquid heart attack goodness... glub glub.. and the famous "Ahhhhhhhhhh"?

I'm expecting the HVAC/water heating to be a much more significant project, as there are a lot of questions I have that I cannot answer about whether I'd need to expand the gas service or electrical, whether I can run small-duct high-velocity in the ceiling easily or possibly along the ceiling inside the unit instead of in the walls, etc.If possible, we also would like to install in-unit washers/dryers in the first and second floor units.I don't know if any of the above would require expansion of the gas or electrical service to the building, or how I would go about setting that up.

Not Sure Victor, the roof isn't falling apart but has significant leaking to two of the townhomes which can be seen on the ceiling sheetrock. thanks for the feedback I will follow up with my credit union.

Immediately after I took over, tenants complained that there has been roof leaks that the owner attempted to fix himself, without good results.