You need licensed contractors and permits for electrical, plumbing and for major things, someone who knows how to put a roof on and address foundation issues.

It needed a new roof and windows which scared off other buyers, and both units were significantly under market rent.

Also, I only take care of the inside of the unit so very little issues there, so less expense.My SFR's are different in that I need to have some money to address major issues, like Roof repairs, painting (inside and out), etc. 

Location: Columbus, OhioLayout: 2 side by side separate units, each 6BR/2BACurrent Use: Airbnb STRI will be inheriting the future bookings through end of April, but will then need to do some work to the roof and then decide if I want to continue with STR or go LTR (very near OSU campus so possibility of student housing). 

Especially the roof - don't wait for it to fail.

However every lease is different so there may be some structural costs you could have to pay such as a roof replacement, but if it's an absolute NNN then you don't have to worry about it. 

Structural repairs, paint, roofs... you name it.

An old roof that may need to be replaced Ina couple years is not a defect.

Take the cost of the home long term add the mortgage, taxes and true repair costs such as upkeep and new roofs , heating and cooling mechanicals etc over the years.

the necessary repairs are as follows:  water heater missing, furnace looks old. paint all rooms, new flooring needed in most rooms, ( something i can do myself), recondition kitchen, replace entry doors. the house already has a newer roof and newer vinyl siding, virtually no work necessary on the outside. given my rehab skills, nothing will need to be contracted out, so i am able to save a tremendous amount of money on the rehab, which is why the following rehab number is so low.