You should also take it upon yourself to make sure the property is fairly valued, in a good neighborhood for rentals and the tenants are paying a market rent, that the rehab was done property, the tenant was properly screened etc.With TK you are buying long term cash flow, not appreciation, appreciation is icing on the cake imo.

Soil Mechanics Lateral earth pressure Soil consolidation Effective and total stresses Bearing capacity Foundation settlement Slope stabilityStructural Mechanics Dead, live, wind, seismic, snow, rain, ice, impact loadsearth pressure and surcharge loadload combination and tributary areasBending, Shear , Axial Forcestorsion, buckling, fatigue, progressive collapse, thermal deformationCombined stresses Deflection Types of System: trusses, braces, and frames and its DOF (degrees of freedom)Types of Foundation: retaining walls, footings, slabs, mats, piers, piles, caissons, drilled shafts.. etc.

It only appraised at 111k and you have to pay 110k with an old roof as icing on the cake?

& make arrangements to fix it ASAP.Disposals, ice makers & dishwashers - no!

Honestly, if sloped roofs, installing ice/water, felt and then asphalt shingles is very straight forward (IE a LOT of homeowners do their own roofs).

Rentals are in the wake of new hockey arena, restaurants and lots of commercial space being built.

That's one of the advantages of owning SFRs, the landlord doesn't have to provide lawn care or snow/ice removal.

You need to find out what’s missing in the neighborhood that the potential regular customers would like.If you’re talking about a strip mall location,you might consider a sandwich shop or an ice cream place like Coldstone Creamery.

@Jordan Butts So it sounds like you already own it, can pay the mortgage, and any income would just be icing on the cake. 

The shifty look was icing on the cake hahaha