New roof because the rooms on the top floor are leaking - nope.Management issues can be boiled down to a century old building with nearly daily damage.

I buy for location, and there are a few things that usually make me walk away - late last year I looked at something I was considering buying but there appeared to be a massive sinkhole developing at the driveway that was taking the slab with it - and usually those things are serious foundation problems, unsolvable/difficult to solve water issues, failing roof support system, no siding or severely damaged siding.

It was old and SUPER NASTY on the inside including termite damage.  

@Patrick Liska the furniture is part of the property and therefore covered under damages in the lease and because they are student rentals, parents are co-signing on our rentals so ultimately a responsible adult is held accountable. 

., but you may be liable for punitive damages. 

If you get a water damage / mold contractor in there this is what they will do.

(I had to replace an entire section of exterior wall to correct the moisture damage.)

I padded the repair costs a little because some of the repairs have water damage that won't truly be revealed until we start ripping sheet rock out, but I was not unreasonable. 

It would have to be falling over significantly, mortar missing, flashing damaged, missing components, and some more just to say it needs a full replacement.I would love to get into the stories I've heard about deal killers lol but it wouldn't do me any favors.

It appears that for many, many, many years the owners, boards and management had treated the building and units more as a Condominium in that each owner was responsible for the repairs to their own units, whether they lived there or rented (any damage to the inside of the unit was the sole responsibility of the unit owner).2 years ago, the board at that time brought on a new management company.