Also, he wants to know I have all the financing in place before he'll check on the current upkeep of the property (i.e. roof, hot water heater, etc.).

The sellers fear is if the home were to have severe damage and the insurance would cover the damage and replace roof and kitchen then they would be locked into a undesirable contract and now the home is worth more.

I cannot sell the home, therefor I cannot pay him.I have since finished the remaining work with somebody else, and got a leaky roof( which he subcontracted out, and then would not give me the phone number to call, nor did he send the roofer back).

True, but there are some places on the same streets with buildings literally falling down with no roof.

You should be able to find insurance on the property presuming you're working on fixing the ceiling/roof.

If you can, walk onto campus and check out the number of bike racks vs parking spaces, this will give you an idea of the percentage of the student body that walks/ bikes vs drives and the areas they'd be stuck renting in as a result.

New roof in 2014 with 30yr warranty and one unit has a new AC unit in 2017.

New roof in 2014 with 30yr warranty and one unit has a new AC unit in 2017.

@Garlin Smith If you are looking for the complete package - acquistions, rehab & property management under one roof - ie: an excellent turnkey company, then there is one in the area I can recommend.  

With it being only 2 years old(just replaced my roof this month with Class 4 Impact resistant shingles), do you think I can lower those "%'s" or should I keep them at 5%?