Holy smokes your article says you owned 42 units and self managed all of them still without any employees on your team yet??!  

Check for cracks in cover plates.Door bell – test it.Fire/smoke alarms – perhaps the most important point under electric.PlumbingDrains – inspect for clogs.

I was looking for some lenders that would fund 100% of the purchase and rehab if the purchase was discounted enough that is was a smoking hot deal.

I was smoking a cigar and enjoying my afternoon.  

But the issue about both units is that both of them were smoked in.

Has anyone dealt with smells before (smoke, feces, etc)?

For example, they can see your wiring diagram and know you plan on using the right sized breakers and will not overload them, you have GFCI in the proper locations, smoke alarms will be installed in all the proper rooms, etc.5.  

And if the unit already smells of smoke, how will you prove if they are still smoking inside or not.Run it like a business and do what you have to do to protect your investment.

I know the Austin market is smoking hot and even with cap gains I could stand to clear 300k after tax and expenses.

And just to be more ambitious, this is the list of everything I want to do:- Clean all the junk and debris from the house and yard and demo the shed in back- Replace the roof and fix the gutters/soffits- Landscaping- Replace all the windows with double-pane vinyl windows- Replace all the floors in the house (ceramic tile for the kitchen/bath/laundry room, and vinyl plank for the living room and the upper level)- Re-do the bathroom with new everything -- plumbing, tub, shower surround, floor, sink/faucet, toilet, mirror, accessories- Re-do the kitchen with new cabinets, counter tops, and sink/faucet- Paint the entire interior (white ceilings, beige for walls, white for trim)- Replace all the light fixtures, outlets, and switches- Replace the front and back doors and put in new locks- Add smoke detectors and carbon monoxide detectors as required- Finish off the upper level (that was begun by someone else)I want my rehab budget to stay at or under $30,000 and I want to complete everything within 2 months from closing.