Let me know if you need more details on any part of this calculation or other aspects of your deal!

To make things even more complicated, I could possibly have roof issues, which means more $$ spent that I won't earn.

This is not only to make sure that people are taking care of the property, but this is also to make sure that tenants aren't overlooking issues that could be addressed now that cost way more later.These can be minor roof leaks, gutter leaks, mostly to do with water penetration.

The roof was replaced this year and the Central Heat and Air unit was replaced within the last 3 years. 

You just need to shop around more and take care of the big items, like the roof, if needed.

-You'd also want to understand what kind of capex issues you are inheriting....does the roof need done?

Location /neighborhood are the most important aspects of an investment of course but my point is choose the market where you feel you have the strongest team around you and best boots on the ground.

Well - sale prices are through the roof right now.

Your mortgage payments may be fixed, but your taxes and utilities will increase, your maintenance material costs and labor rates for repairs have gone up, and your property is wearing out (appliances, flooring, water heaters, furnaces, roof, etc. all have a lifespan and will eventually need replaced). 

So she stepped into a fully functional office/ patient base and my purchase included all the equipment fixtures everything which of course gave me substantial accelerated tax bene's.. its a NN lease so I only am responsible for the roof and exterior ( roof  was 5 years old and with no hail in this area it will last long time).